Transcor signs 111,000-square-foot lease with Prologis in Miami

Transcor has signed a 111,000-square-foot lease at Prologis Gratigny Industrial Park in Miami, according to Cushman & Wakefield, which represented landlord Prologis in the deal. The park is located at 3380 114th Street in Miami. “Transcor is an important tenant for Prologis and we were happy to be able to accommodate the company’s expansion requirements,” said Brian Smith, executive director at Cushman & Wakefield, who handled the deal with fellow executive director Audley Bosch. Transcor, which was represented by Transwestern’s Gordon Messinger, had been located in a 70,000-square-foot space in the Gratigny Central area. The lease term is for three years. Prologis is the largest industrial REIT in the United States. — Alexander Britell

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