Nuage Designs Signs Lease With Principal Real Estate Investors For 104,340 SF Industrial Space

The property asset involved in this transaction is an industrial facility located at 2400 Northwest 116th Street, Miami. The total square footage of the asset is 104,340. The asking rent for the property is set at $21 per square foot. The lease type associated with this transaction is categorized as "Other." The landlord of the property is Principal Real Estate Investors.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $21/ft
• Address: 2400 Northwest 116th Street
• Market: Miami
• Square Footage: 104,340
• Landlord: Principal Real Estate Investors
• Tenant: Nuage Designs
• Brokers: Steve Medwin & Nick Wigoda - Stream Realty Partners
• Lease Type: Other

The key individuals involved in the deal are Steve Medwin and Nick Wigoda, who represent the landlord through their association with Stream Realty Partners. The tenant, Nuage Designs, is the company taking up the lease for the industrial asset, facilitating the transaction with the involvement of the listed brokers.