The property involved in the transaction is a ±304,428-square-foot distribution center located at 15501 SW 29th Street in the Miramar Centre Business Park. This facility features a rear-load design, Interstate 75 visibility, a 32-foot clear height, and a 130-foot truck court. It is equipped with 48 dock doors and energy-efficient T-5 lighting. The site spans ±20 acres and includes amenities such as restaurants and shops within walking distance.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: Not specified
• Address: 15501 SW 29th St, Hollywood, FL, 330...
• Market: Miramar
• Tenant: Ryder Logistics
• Landlord: Cabot Properties
• Tenant's Representative: Jose Juncadella-Fairchild Partners
• Landlord's Representatives: Christopher Thomson-Cushman & Wakefield, Christopher "Chris" Metzger-Cushman & Wakefield
• Square Feet: 152573

The Cushman & Wakefield South Florida Industrial Team, including Matt McAllister, Chris Metzger, Rick Etner Jr., and Christopher Thomson, represented Cabot Properties in the lease negotiations with Ryder Logistics, accommodated by brokers Jose and Sebastian Juncadella of Fairchild Partners. Ryder Logistics relocated from Seneca Park in Pembroke Pines, where it previously occupied ±80,000 square feet, to this new location at Cabot Miramar and will take occupancy immediately. Cabot Miramar is currently 100 percent leased, having recently been acquired by Cabot Properties.