The Real Deal Miami

SoFla lease roundup: Aldora moving HQ to Coral Springs and more

Leases also at Weston Business Plaza, Prologis Beacon Centre Business Park and Prologis I-595
By Amanda Rabines | September 21, 2018 03:30PM

Coral Springs Commerce Center, Weston Business Plaza and Prologis Beacon Centre

Aldora Aluminum and Glass Products moves HQ to Coral Springs

Aldora Aluminum and Glass Products is moving its Miramar headquarters to a Coral Springs distribution center currently undergoing renovations.

Aldora is currently based at 11500 Miramar Parkway, but will relocate those operations by the summer of 2019, according to a press release.

Exeter Property Group is revamping the former 193,211-square-foot building at 4250 Coral Ridge Drive into a four-building, 567,846-square-foot distribution development called Coral Springs Commerce Center II.

It paid about $15 million for the property, formerly known as the Alliance Building, last year.

It sits within the Corporate Park of Coral Springs, which is home to more than 350 businesses occupying more than 4.1 million square feet of building space. The nearly one-square-mile business park fronts Sawgrass Expressway and includes commercial, office, warehouse and manufacturing space.

Cushman & Wakefield’s Richard Etner Jr., Chris Metzger, Christopher Thomson and Matthew G. McAllister represented Exeter Property Group. MJ Ridenour of Coldwell Banker Commercial NRT represented Aldora.

Nikao re-signs at Weston Business Plaza

Nikao, also known as Contract Manufacturing Solutions, Inc., is staying in Weston.

The product designer and manufacturer just renewed its 17,419-square-foot lease Weston Business Plaza at 1800-1880 North Commerce Parkway.

The lease maintains the 66,819-square-foot industrial asset’s 100 percent occupancy status. Ben Eisenberg, Walter Byrd, Thomas Kresse, and Carlos Gaviria of Transwestern represented the tenant.

Elion Partners paid $9 million for an industrial complex in March. Elion’s Andrew Rohacik represented the firm in the transaction.

Prologis Beacon Centre Business Park secures 28,000 sf of leases

Prologis Beacon Centre Business Park, a 205-acre business park in Miami’s Airport/Doral submarket, just secured 27,775 square feet of leases through four separate transactions.

Of the four, two were new, including Pharma-Wholesale Corp.’s 3,600-square-foot lease at 1904 Northwest 84th Avenue and America-Loving Care Home Health’s 4,600-square-foot lease at 1900 Northwest 84th Avenue.

Church World Service, Inc. renewed its 8,015-square-foot lease at 1924 Northwest 84th Avenue. The company was represented by CBRE. Spring of Life Fellowship also renewed its lease at the park. The company is staying in its 11,561-square-foot space at 2029 Northwest 87th Avenue and was represented by Xcellence Realty.

State Street Realty’s George Pino and Brian Cabielles represented the landlord, Prologis.

Intec Maritime Offshore arm inks lease at Prologis I-595

The U.S. division of Intec Maritime Offshore just inked a 22,610-square-foot lease at Prologis I-595, a 150,452-square-foot industrial park in Davie.

The lease at 7060 West State Road 84 will mark the second location in the United States for the marine machinery installer, Ship or Land Operations Agency. Berger Commercial Realty/CORFAC International’s Keith Graves represented the landlord, Prologis.

Prologis I-595 consists of two buildings featuring 22-foot ceilings, dock and ramp loading, and access to I-595, I-95 and Florida’s Turnpike.