The Real Deal Miami

Seaboard Marine renews Medley lease

Company inks Miami-Dade's largest industrial deal since 2012
January 22, 2014 01:30PM

Seaboard Marine's Medley facility and Jonathan Kingsley

Seaboard Marine’s Medley facility and Jonathan Kingsley

Seaboard Marine has signed a 267,400-square-foot industrial lease renewal in Medley, The Real Deal has learned.

The 10-year lease, which includes a 64,000-square-foot expansion at Prologis Palmetto Tradeport, is the largest completed in Miami-Dade County since 2012, according to a written statement from a spokesperson for Jones Lang LaSalle, which represented Seaboard. The company is PortMiami’s largest cargo operator and freight transportation company, serving more than 40 ports in 25 countries. Its Medley facility is located at 8001 Northwest 79th Avenue.

Jones Lang senior vice president Jonathan Kingsley represented Seaboard. Cushman & Wakefield executive director Brian Smith represented landlord Prologis.

Seaboard employs nearly 600 people at its Medley and PortMiami facilities. — Eric Kalis