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VITAS Healthcare Signs 10-Year Lease At Homestead Commerce Park With Berkowitz Development Group

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LEASED

Florida

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Industrial16,315 SF
Leased 12/01/2025
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LEASED

VITAS Healthcare Signs 10-Year Lease At Homestead Commerce Park With Berkowitz Development Group

1390 Park Of Commerce Boulevard

See Similar Deals
Industrial16,315 SF
Leased 12/01/2025
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:16,315 SF
Transaction Type:Lease

The property asset involved in this transaction is an industrial space located at 1390 Park Of Commerce Boulevard in Homestead, encompassing 16,315 square feet. This facility is situated in the Homestead market, catering to industrial operations.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Lease Term: 10-year
  • Landlord: Jeff Berkowitz & Michael Berkowitz - Berkowitz Development Group
  • Tenant: VITAS Healthcare
  • Landlord's Representative: Jose Juncadella & Sebastian Juncadella - Fairchild Partners
  • Tenant's Representative: Zachary Talbot - Cresa

VITAS Healthcare signed the lease to expand its administrative and medical equipment operations, with Cresa representing the tenant in this transaction and Fairchild Partners representing the landlord, Berkowitz Development Group.

Players

Jose Juncadella
11 deals$106M volume
BROKER

Sebastian Juncadella
Fairchild Partners
10 deals$106M volume
BROKER

Zachary Talbot
Cresa
8 deals$15M volume
BROKER

Details

LEASED
IMAGE: Jose Juncadella, Michael Berkowitz, Sebastian Juncadella, Jeff Berkowitz & Zachary Talbot DATE: 12/01/2025 ADDRESS: 1390 Park Of Commerce Boulevard MARKET: Homestead ASSET TYPE: Industrial ~ SF: 16,315 LANDLORD: Jeff Berkowitz & Michael Berkowitz - Berkowitz Development Group TENANT: VITAS Healthcare (@VITAShospice) LANDLORD'S REP: Jose Juncadella & Sebastian Juncadella - Fairchild Partners TENANT'S REP: Zachary Talbot - Cresa (@CresaGlobal) LEASE TERM: 10-year NOTE: Vitas Healthcare signed a 10-year lease for 16,315 square feet at Homestead Commerce Park Building 3 in Homestead to expand its administrative and medical equipment operations. Cresa Partners represented the tenant, while Fairchild Partners represented landlord Berkowitz Development Group.

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Deal Type
Effective Rent (Annual)

$935,165.95

Total Lease Value

$9,351,659.55

Net Landlord Cash Flow$935,165.95