Dufry signs lease for future HQ at Prologis’ Beacon Lakes

Building is set to be completed by Q1 2019

TRD MIAMI /
Feb.February 21, 2018 05:30 PM

Rendering of building 35 at Beacon Lakes and Chris Harak (Credit: Blanca Commercial Real Estate)

UPDATED, Feb. 22nd, 11:30 a.m.: Swiss travel retailer Dufry just inked a 200,000-square-foot lease at Prologis’ Beacon Lakes business park in northwest Miami-Dade County, where it’s planning to move its regional headquarters.

The building is breaking ground soon and will rise at the southeast corner of Northwest 137th Avenue and Northwest 14th Street, between Northwest 14th and State Road 836, according to a spokesperson for the commercial brokerage representing the tenant.

The build-to-suit warehouse space will add 40,000 square feet to the retailer’s current footprint in the area. It currently occupies about 160,000 square feet at the nearby International Corporate Park in Doral, and plans to move into its new headquarters by the first quarter of 2019.

Chris Harak and Juan Ruiz of Blanca Commercial Real Estate represented the tenant. JLL represented the landlord, Prologis. Harak declined to comment on the terms of the lease, but said rents in the area range from about $9 per square foot to $10 a square foot, annually.

“The new location made the most sense logistically for the company,” Harak said, adding that most of the employees already live in the area. The new space also offers 6 feet of additional ceiling height, which would allow the company to expand its warehouse space, if needed, Harak said.

Dufry’s office in Doral oversees its operations in Central and South America, as well as in the Caribbean.

The 478-acre Beacon Lakes has signed on tenants such as Amazon, UPS, Ryder System, and NBCUniversal Telemundo Enterprises. Over the summer, industrial real estate giant Prologis sold land near the campus to developer Stiles Corp., which plans to add about 495,000 square feet of open-air shopping space.

Correction: A previous story incorrectly identified Doral area rents as $9 per square foot to $10 a foot per month. The area rents are annual.


Related Articles

arrow_forward_ios
Banyan Street Capital CEO Rudy Prio Touzet and the two towers (Credit: Google Maps)

Banyan Capital buys Doral office towers for $43M

Banyan Capital buys Doral office towers for $43M
Rendering of an interior living room and kitchen in a home at the Neovita gated community in Doral

Alta launches sales of second phase of Doral development

Alta launches sales of second phase of Doral development
President Trump, Trump National Doral Miami and Delano South Beach (Credit: SAUL LOEB/AFP via Getty Images and Trump International)

Trump’s Doral golf resort, Delano hotel lay off over 800 employees

Trump’s Doral golf resort, Delano hotel lay off over 800 employees
From left: Eden Roc and BLT Prime Trump National Doral (Credit: Acroterion/Wikipedia, and Trump International Hotels Management LLC)

Trump National Doral restaurant, Eden Roc hotel lay off hundreds

Trump National Doral restaurant, Eden Roc hotel lay off hundreds
Rendering of Doral Square and David Martin

Terra boosts loan for Doral Square retail project by $19M

Terra boosts loan for Doral Square retail project by $19M
Armando Codina and his daughter, Ana-Marie Codina Barlick and Beacon Logistics Park

Biggest private corporation in US inks lease at Beacon Logistics Park

Biggest private corporation in US inks lease at Beacon Logistics Park
11300 Northwest 25 Street and Telefonica CEO José María Álvarez-Pallete López (Credit: Google Maps) 

Telefonica sold its Doral data center for $44M

Telefonica sold its Doral data center for $44M
Doral Commons, Adam H. Klein, and Douglas K. Mandel

Former Shoma headquarters goes for $13M

Former Shoma headquarters goes for $13M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...