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EverWest Real Estate Investors Leases 249,700-Square-Foot Warehouse To All Glass Production In Pembroke Pines

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LEASED
Matthew (Matt) McAllister
Christopher Thomson
+ 4

Florida

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Industrial249,700 SF
Leased 10/17/2023
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LEASED

EverWest Real Estate Investors Leases 249,700-Square-Foot Warehouse To All Glass Production In Pembroke Pines

20351 Sheridan Street

See Similar Deals
Industrial249,700 SF
Leased 10/17/2023
Matthew (Matt) McAllister
Christopher Thomson
+ 4
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:249,700 SF
Transaction Type:Lease

EverWest Real Estate Investors has leased a 249,700-square-foot warehouse located at 20351 Sheridan Street in Pembroke Pines, Florida, to All Glass Production. The warehouse was originally owned by Vital Pharmaceuticals and was acquired by EverWest for $58 million in 2022. This spacious industrial property will serve as the manufacturing base for All Glass Production, a new glass manufacturing company.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Square Footage: 249,700
  • Address: 20351 Sheridan Street, Pembroke Pines, Florida
  • Market: Pembroke Pines

Cushman & Wakefield represented EverWest Real Estate Investors in this transaction, with Christopher Metzger, Christopher Thomson, Matthew McAllister, and Rick Etner acting as the landlord's representatives. America’s Commercial Real Estate was the tenant's representative, with Alexander Bernaldo assisting All Glass Production in securing the lease.

Players

Richard "Rick" Etner Jr
18 deals$171.9M volume
BROKER

Christopher (Chris) Metzger
Cushman & Wakefield
25 deals$160.4M volume
BROKER

Christopher Thomson
Cushman & Wakefield
23 deals$62.6M volume
BROKER

Matthew (Matt) McAllister
Cushman & Wakefield
11 deals$141.1M volume
BROKER

Alexander Bernaldo
8 deals$115.6M volume
BROKER

Rick Stone
EverWest Real Estate Investors
14 deals$329.8M volume
LANDLORD

Details

LEASED
IMAGE: Matthew McAllister, Christopher Metzger, Alexander Bernaldo, Rick Stone, Rick Etner & Christopher Thomson DATE: 10/17/2023 ADDRESS: 20351 Sheridan Street MARKET: Pembroke Pines ASSET TYPE: Industrial ~ SF: 249,700 LANDLORD: EverWest Real Estate Investors - Rick Stone TENANT: All Glass Production - Frank Mata LANDLORD'S REP: Christopher Metzger, Christopher Thomson, Matthew McAllister & Rick Etner - Cushman & Wakefield (@CushWake) TENANT'S REP: Alexander Bernaldo (@Alex_AmericasCRE) - America’s Commercial Real Estate (@Americas_CRE) NOTE: EverWest Real Estate Investors has leased a 249,700-square-foot warehouse in Pembroke Pines, Florida, to All Glass Production, a new glass manufacturing company. The warehouse was originally owned by Vital Pharmaceuticals and was acquired by Everwest for $58 million in 2022.

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Deal Type
Effective Rent (Annual)

$14,312,653.32

Total Lease Value

$143,126,533.20

Net Landlord Cash Flow$14,312,653.32