JLL closes 324K-sqft industrial lease in Miramar
In the largest industrial lease signed in South Florida so far this year, JLL said it has just completed a 324,000-square-foot lease in Miramar with an existing tenant, Floor and Decor Outlets of America.
The property, Countyline Business Center in Miramar, is owned by IndCor Properties, according to public records. It consists of 545,000 square feet of
warehouse, light manufacturing, and office space.
The deal includes a renewal of 183,000 square feet and an expansion of an additional 140,000 square feet within the building. The tenant was represented by CBRE.
“With this transaction, the tenant will fill a large portion of the space Kellstrom Industries will vacate as it downsizes from 250,000 square feet,” Steven Medwin, JLL’s managing director said in a news release. “The remaining 110,000 square feet of warehouse space available in the building offers an attractive opportunity to industrial users seeking class A, centrally located space in the heart of South Florida.” — Kristina Puga