Opa-Locka commerce center gets $2.7M in leases
The AVE Aviation & Conference Center in Opa-Locka has three new tenants and one renewal, bringing another $2.7 million in leases to the development.
New tenants include: 6,300 square feet of office space for Cura Resource Group, a sales solutions firm; 12,700 square feet of office and warehouse space for SICE, an international integration system technology group; 12,786 square feet of office, warehouse and storage space for Day USA, a Latin American auto parts distributor, according to CPF Investment Group, the center’s developer.
ArjoHuntleigh, an international medical technology company, renewed its 12,420-square-foot lease.
Other notable tenants include the U.S. Postal Service, which runs a 500,000-square-foot sorting facility at the center, SunTrade Imports and Goodyear, according to a release.
The new tenants will be located in AVE Building N, at 14350 Northwest 56th Court.
The center is situated in the western portion of the Opa-Locka Executive Airport and occupies 178 acres.
CPF Investment Group recently secured $20.25 million in financing from BB&T for two new industrial buildings, according to the release.
“These new industrial leases continue to demonstrate the market’s need for high-quality, Class-A distribution space east of the Palmetto Expressway,” said CPF principal Ernesto Cambo in a statement. “AVE’s prime warehouse space and location near the airport and major highways are what attract tenants to the business park, and we expect activity to remain strong as we continue to expand.” — Sean Stewart-Muniz