The Real Deal Miami

Blue Line Distribution signs lease in Medley

August 15, 2012 10:30AM

Blue Line Distribution has signed a deal to occupy 16,198 square feet at 10500 NW S River Drive in Medley, according to CBRE, which represented landlord AAA Cooper in the transaction. CBRE’s Andrew Lehrer, David Albert and Devin White handled the deal on behalf of AAA Cooper. The transaction took place without formally bringing the property to market, Lehrer said. “Timing was everything for this deal to come together,” he said. Miami’s overall industrial vacancy rate stood at 6.2 percent at the end of the second quarter. — Alexander Britell