The Real Deal Miami

Impex renews 78,800-square-foot lease in Medley

February 20, 2012 10:30AM

Impex of Doral has renewed its 78,000-square-foot least at Prologis Palmetto Tradeport Industrial Park in Medley. The property, which is located at 7850 NW 80th Street, is 100 percent occupied. The lease, which is valued at just under $4 million, is for a term of six additional years. Prologis was represented by Cushman & Wakefield’s Brian Smith and Audley Bosch in the deal. Casal’s Ernesto Casal represented Impex. “We believe it was a smart move on the tenant’s part to lock into a six-year renewal now,” Smith said. “The park is fully occupied and we have other tenants on the property wanting to increase their space.”
Alexander Britell