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Florida & Gulf Coast   /   September 1, 2020

David Cohen
By: David Cohen

Colliers’ South Florida Industrial Team Secures $28M in Leases During First Half of 2020

Colliers International’s Florida leasing advisory team’s Jonathan Kingsley and Ryan Goggins closed on nearly a dozen industrial lease transactions totaling 408,055 square feet valued at close to $28 million in the first half of 2020.

The largest leases included representing ECU Worldwide in a 164,432-square-foot lease at 2401 NW 69th St. in Miami and representing a healthcare tenant in an 80,373-square-foot lease with Bridge Development Partners at Bridge Point Commerce Center in Miami Gardens. Other notable transactions for the team included closing five leases at Westpoint Industrial Centre in Tamarac on behalf of Nuveen, totaling more than 115,000 square feet for a value of over $7 million.

“The Colliers International platform, combined with our creativity and depth of experience, allows us to continually provide our clients with outstanding service,” said Kingsley. “Despite the challenges presented in the first half of the year, our team closed on over 50,000 square feet more than this time last year. We have seen the pandemic continue to increase the demand for cold storage and e-commerce tenant occupied buildings, a signal of the strength of the South Florida industrial market.”

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David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles.
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