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Industrial

Feb 15, 2024

Coaster Fine Furniture Renews 250K SF Lease At Miramar Park Of Commerce In South Florida

Coaster Fine Furniture has decided to continue its presence in South Florida by renewing its lease at the Miramar Park of Commerce.

Coaster Fine Furniture Renews 250K SF Lease At Miramar Park Of Commerce In South Florida
Traded Media
Traded Media

Traded Editorial

2 min read

Coaster Fine Furniture has decided to continue its presence in South Florida by renewing its lease at the Miramar Park of Commerce. The company, known for importing and distributing quality furniture, has been occupying its current 250,441 square feet showroom and distribution center since 2001. Originally located in Pompano Beach, Coaster Fine Furniture made the strategic move to Miramar, a light industrial park in the region. This lease renewal reflects the company's confidence in the area's business environment and its commitment to serving its customers in South Florida.

A Strategic Location in South Florida

Located at 10700 Enterprise Way just north of the Ronald Reagan Turnpike, sits the 250,441-square-foot warehouse crafted to perfection for Coaster's growth. Sunbeam, the mastermind behind this feat, unveiled a built-to-suit industrial park that seamlessly caters to Coaster's needs.

Manifesting an astute foresight, Coaster contemplated a move to Miami before recognizing the immense potential of the Miramar Park of Commerce. This locale emerged as the ultimate choice, owing to its unparalleled accessibility to South Florida's crucial highways and bustling cargo hubs. Peter Apol, Sunbeam's director of leasing and marketing, astutely emphasized this decision, highlighting the effortless connectivity that fuels Coaster's thriving operations.

Sunbeam and Seaboard Secure Renewals

In a bustling South Florida market, industrial leasing activity continues to flourish with two major renewals making waves. Sunbeam, a prominent company in the region, remains tight-lipped about the duration of their lease, leaving industry insiders curious about the specifics. Coaster, another key player in the sector, has yet to provide any comments regarding the matter.

This news follows on the heels of Seaboard's recent successful lease renewals in the area. Last month, the shipping giant finalized two lease agreements, spanning an impressive 308,000 square feet, at Prologis Palmetto Tradeport in Medley, Florida. This renewed commitment to South Florida's industrial sector further solidifies the region's reputation as a prime destination for logistics and distribution.

#Florida#Lease#Industrial
Published: Feb 15, 2024Last updated: February 15, 2024