Gap Forwarding Leases 108K SF Industrial Space At Terreno Realty's Countyline Corporate Park In Hialeah

The property asset involved in this transaction is an industrial facility located at 11585 West 43rd Avenue in the Hialeah market. This space spans 108,000 square feet and is part of Terreno Realty's Countyline Corporate Park Phase IV. The facility is set to begin its operation in the first quarter of 2027, coinciding with the completion of Building 36, which will also be a significant part of the overall development encompassing 2.2 million square feet.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 11585 West 43rd Avenue
• Market: Hialeah
• Asset Size: 108,000 SF
• Landlord: Blake Baird - Terreno Realty Corporation
• Tenant: Gap Forwarding
• Landlord's Representative: Raydel Enriquez, Raul Estrada, Andrea Montejo & Carlos Velasquez - VS Real Estate (VSRE)
• Tenant's Representative: Michael Torna - Corporate Solutions

This deal reflects Gap Forwarding's intent to consolidate and expand its operations in South Florida by 30%. The pre-lease arrangement exemplifies the strategic partnership between Corporate Solutions and VSRE, aiding in the negotiation and facilitation of this 10-year lease agreement.