facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Industrial

/

Lease

/

10901 Northwest 146th Stree...

Crane Worldwide Logistics Signs Six-Year Lease For Industrial Property In Hialeah Gardens
LEASEDIndustrial

Crane Worldwide Logistics Signs Six-Year Lease For Industrial Property In Hialeah Gardens

10901 Northwest 146th Street, Hialeah Gardens, FL, USA

Building Size

121,656 SF

Asset Type

Industrial

Closing

Mar 28, 2021

AI

An industrial property located at 10901 NW 146th Street in Hialeah Gardens has been leased. The lease transaction took place on March 29, 2021. The property is owned by TA Realty and the tenant is Crane Worldwide Logistics, represented by Keith Winters. The lease was facilitated by Wayne Ramoski, Gian Rodriguez, and Skylar Stein from Cushman & Wakefield.

Summary of transation details

  • Property Type: Industrial
  • Asking Rent: $10.50 per square foot
  • Square Footage: 121,656
  • Term: Six-year lease

The deal involved Crane Worldwide Logistics as the tenant and TA Realty as the landlord. The lease was facilitated by Wayne Ramoski, Gian Rodriguez, and Skylar Stein from Cushman & Wakefield. This six-year lease transaction showcases the collaboration between the tenant and the landlord in Hialeah Gardens.

Players

Wayne Ramoski

Cushman & Wakefield

Broker

$128.3M

vol

14 deals

Broker
TA Realty
TA RealtyLandlord
Crane Worldwide Logistics
Crane Worldwide LogisticsTenant

Hialeah Gardens Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93