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Logistics Firm Renews with Prologis in South Florida
Transwestern’s South Florida industrial team facilitated a long-term lease renewal for roughly 95,000 square feet on behalf of DSV Air & Sea Inc. at Prologis’ Beacon Lakes Industrial Park in Miami. The global supplier of transport and logistics services committed to occupy space at 12200 NW 25th St., #115.
Beacon Lakes Industrial Park is a master-planned development consisting of 478 total acres, with 4.6 million square feet of Class A warehouse and 495,000 square feet of future retail development.
The property is located in the Airport West/Doral submarket, which, combined with Medley, accounted for more than three-quarters of Miami-Dade County’s industrial demand at year-end 2017, as well as most of its new construction. Overall vacancy in the county remains among the lowest in the nation at 4.6%.
Transwestern’s Thomas Kresse, Carlos Gaviria, Walter Byrd and Ben Eisenberg represented the tenant. JLL’s Brian Smith advised the landlord.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Lease