Ryder Logistics Renews Lease On 70861 Sq Ft Industrial Space In Hollywood

The industrial property located at 2500 SW 32nd Terrace in Hallandale Beach, within the Hollywood market, has seen a recent lease transaction. Ryder Logistics renewed its lease, occupying a significant 70,861 square feet of space in the industrial park, now reaching full capacity after Best Buy leased an additional 27,256 square feet. The landlord, TH Real Estate, oversaw the deal represented by Walter Byrd of Transwestern.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not provided
• Tenant: Ryder Logistics
• Landlord: TH Real Estate
• Square Feet: 70,861
• Address: 2500 SW 32nd Terrace, Hallandale Beach
• Market: Hollywood
• Landlord's Rep: Walter Byrd (Transwestern)

The deal also involved Best Buy, a multinational consumer electronics retailer, which leased 27,256 square feet of industrial space at Seneca Industrial Park. Craig Fetherston of The Shopping Center Group represented Best Buy in the transaction. Furthermore, the tenant Ryder Logistics, a company specializing in fleet management solutions and logistics, was represented by Tom O’Loughlin of CBRE during the lease renewal.