Prologis Leases 84,000 SF Industrial Space To Data Tech At 1900 Northwest 129th Avenue

The property involved in this transaction is an industrial asset located at 1900 Northwest 129th Avenue in Miami. The total square footage of the asset is 84,000 and is offered at an asking rent of $17 per square foot. This is a NNN lease structure. The landlord for this lease is Prologis.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $17/ft
• Square Footage: 84,000
• Address: 1900 Northwest 129th Avenue
• Market: Miami
• Landlord: Prologis
• Tenant: Data Tech
• Broker: Frank Trelles - Vivo Real Estate Group

This transaction is facilitated by broker Frank Trelles, who represents Vivo Real Estate Group. The key parties involved in the deal include Data Tech as the tenant, emphasizing the collaborative nature of this leasing agreement. The arrangement supports Prologis in maximizing their industrial property usage.