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Duke Realty Leases 50000 Square Feet To Ice River Springs In Hialeah Gardens

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LEASED

Florida

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Industrial50,000 SF
Leased 09/04/2018
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LEASED

Duke Realty Leases 50000 Square Feet To Ice River Springs In Hialeah Gardens

10701 NW 140th St, Miami Lakes, FL...

See Similar Deals
Industrial50,000 SF
Leased 09/04/2018
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:50,000 SF
Transaction Type:Lease

The property involved in this transaction is located at 10701 NW 140th St, Miami Lakes, FL, within the Hialeah Gardens market. This asset features a total square footage of 50,000 and is part of a larger complex known as Miami Industrial Logistics Center, which encompasses nearly 677,000 square feet across three buildings.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 10701 NW 140th St, Miami Lakes, FL
  • Market: Hialeah Gardens
  • Square Feet: 50,000
  • Landlord: Duke Realty
  • Tenant: Ice River Springs
  • Landlord's Rep: Brian Cabielles, Frank Trelles (State Street Realty)
  • Tenant's Rep: Newmark Grubb Knight Frank

Ice River Springs, a bottled water company, has expanded its existing lease by an additional 50,000 square feet at this location. The company focuses on producing private-label brands, including “Ice River Green.” Three companies signed leases at the Miami Industrial Logistics Center, underscoring the demand for warehouse and distribution space in the area.

Players

Frank Trelles
38 deals$90.3M volume(786) 302-1223
BROKER


State Street Realty
BROKERAGE

Duke Realty
BROKERAGE

Duke Realty
LANDLORD

Details

LEASED
IMAGE: 10701 NW 140th St, Miami Lakes, FL... MARKET: Hialeah Gardens LANDLORD'S REP: Brian Cabielles(), Frank Trelles(State Street Realty) TENANT: Ice River Springs LANDLORD: Duke Realty SQUARE FEET: 50000

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Deal Type
Effective Rent (Annual)

$2,865,969.83

Total Lease Value

$28,659,698.28

Net Landlord Cash Flow$2,865,969.83