The Real Deal Miami

South Florida lease roundup: industrial park in Hialeah Gardens inks long-term deal with freight company & more

Office and retail leases in Pembroke Pines and Palm Beach County
By Amanda Rabines | November 29, 2017 01:45PM

Clockwise from top left: Pembroke Pointe, Winn Dixie at Charleston Square, Miami Industrial Logistics Center (Credit: Cushman & Wakefield, Stiles)

Freight company takes 105k lease at Hialeah Gardens logistics center

Pro Intermodal inked a long-term, 104,616-square-foot lease at Miami Industrial Logistics Center in Hialeah Gardens, according to Cushman & Wakefield.

The freight shipping and trucking company is filling up half of the development’s first building, a 209,200-square-foot warehouse at 15002 Northwest 107th Avenue. Pro Intermodal’s space include about 2,500 square feet of office space,180-foot shared truck courts and 32-foot clear ceiling heights.

The industrial park is a three-building warehouse and distribution center in northwest Miami-Dade County that total nearly 677,000 square feet. Building two has about 211,760 square feet, the third building, which is south of the first two, spans 255,850 square feet.

Cushman’s Wayne Ramoski and Gian Rodriguez represented the owner, Duke Realty, which paid nearly $80 million for the buildings in April. Bridge Development Partners developed and sold the industrial park.

DeVry Education, others lease space at Pembroke Pines office building

Seven companies signed leases at Pembroke Pointe 800, a 143,535-square-foot office building in Pembroke Pines.

DeVry Education Group, Evolution Lighting, CoreStaff, Boxy Charm, Costa Cruise Lines, Kronos and QEO Group inked deals totaling more than 59,000 square feet at 880 Southwest 145th Avenue, according to Cushman.

The brokerage’s Deanna Lobinsky, Travis Herring, Katherine Ridgway and Chase Kulp represented Duke Realty, which developed the office building in 2015. The team began leasing the following October, according to a press release.

Evolution Lighting and Carnival Corp.’s Costa Cruises are relocating to the building with 4,256 square feet at the park nearly 10,000 square feet, respectively. Italy-based Costa Cruises is moving from Hollywood.

DeVry leased 13,980 square feet; CoreStaff, a Houston-based staffing company, leased 8,072 square feet; Boxy Charm leased 11,032 square feet; Kronos leased 7,175 square feet; and Irving, Texas-based QEO Group leased 4,931 square feet at Pembroke Pointe 880.

The building is now 86 percent leased, according to the release.

Winn-Dixie renews lease at shopping center in Palm Beach County

A Winn-Dixie grocery store in Palm Beach County renewed its lease at a shopping center it anchors near Boynton Beach and Lake Worth.

The property is backed by a $12.1 million CMBS loan, according to Trepp.

Charleston Square, a 85,219 square-foot shopping center at 6600 Hypoluxo Road, was built in 1998 and is fully leased. The grocery store is leasing 54,000 square feet, which is more than 60 percent of the shopping center. Other tenants include Amtrust Bank, restaurant Little Panda and Metro PCS.

Winn-Dixie exercised its first five-year extension and the entire lease was extended to October 2024, Trepp said.