Book Taylor Leases 28,000 SF Industrial Space To Murilo Genovez In Miami For 10 Years

The property asset is an industrial space located at 2440 Northwest 116th Street in the Miami market. The leased space consists of 28,000 square feet with an asking rent of $17 per square foot. The lease term is set for 10 years, structured as a NNN Lease, providing a framework where the tenant is responsible for additional costs such as property taxes, insurance, and maintenance.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $17/ft
• Square Footage: 28,000
• Lease Term: 10 years
• Lease Type: NNN Lease
• Landlord: Book Taylor
• Tenant: Murilo Genovez
• Landlord's Representative: Nick Wigoda & Steve Medwin - Stream Realty Partners
• Tenant's Representative: Frank Trelles - Vivo Real Estate Group

The key individuals involved in this transaction include the landlord, Book Taylor, and the tenant, Murilo Genovez. The transaction was facilitated by representatives from Stream Realty Partners, Nick Wigoda and Steve Medwin, along with Frank Trelles from Vivo Real Estate Group, representing the tenant.