CPF Investment Group Leases Industrial Property In Opa Locka To Tenant Represented By Matthew Bittel
LEASED
Florida
See Similar DealsIndustrial42,000 SF
Leased 01/17/2018
LEASED
CPF Investment Group Leases Industrial Property In Opa Locka To Tenant Represented By Matthew Bittel
14350 NW 56th Ct, Hialeah, FL, 33014
See Similar DealsIndustrial42,000 SF
Leased 01/17/2018
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:42,000 SF
Transaction Type:Lease
The property involved in the transaction is located at 14350 NW 56th Ct, Hialeah, FL, within the Opa Locka market. It is an industrial asset with a total area of 42,000 square feet. The building is part of the AVE Aviation & Commerce Center, a mixed-use business park that upon full completion will comprise approximately 2.6 million square feet in total across various categories.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 14350 NW 56th Ct, Hialeah, FL, 33014
- Tenant: KSI Trading Corp.
- Landlord: CPF Investment Group
- Tenant's Representative: Matthew Bittel-Cushman & Wakefield
- Square Feet: 42,000
This transaction will bring Building “J” of the AVE Aviation & Commerce Center to full occupancy. Matthew Bittel of Cushman & Wakefield represented KSI Trading Corp. during the lease negotiations. The business park is notable for housing over 25 companies and 1,700 employees, showcasing a diverse range of tenants in its developing submarket.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,407,414.66
Total Lease Value
$24,074,146.55
Net Landlord Cash Flow$2,407,414.66
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