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Klima Control Air Conditioning & Heating Signs Lease With DBT Properties Investment Inc For 17247 Sq Ft

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LEASED

Florida

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Industrial17,247 SF
Leased 08/13/2019
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LEASED

Klima Control Air Conditioning & Heating Signs Lease With DBT Properties Investment Inc For 17247 Sq Ft

321 NW Peacock BLVD, Port St. Lucie...

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Industrial17,247 SF
Leased 08/13/2019
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:17,247 SF
Transaction Type:Lease

The property is located at 321 NW Peacock Blvd., within the St. Lucie Design Center, a 57,814-square-foot industrial building situated in Port St. Lucie, Florida. The tenant, Klima Control Air Conditioning & Heating, will occupy 17,247 square feet of this facility, which is now fully occupied. The property is positioned on a 4.4-acre parcel and includes features such as two dock-high doors, a 24-foot clear height, and building signage.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Tenant: Klima Control Air Conditioning & Heating
  • Landlord: DBT Properties Investment Inc
  • Tenant's Representatives: Joseph Byrnes (Savills), Jonathan Thiel
  • Landlord's Representative: Nathaniel Bray of Bray Realty Advisors
  • Location: 321 NW Peacock Blvd, Port St. Lucie, FL
  • Market: Port Saint Lucie
  • Square Feet Leased: 17,247
  • Additional Tenants: The Kitchen Guys, Lumber Liquidators, Composite Essentials, Lennox, and Straightline

Joseph Byrnes and Jonathan Thiel, both from Berger Commercial Realty/CORFAC International, represented Klima Control Air Conditioning & Heating in the lease transaction. Notably, they were part of the team that negotiated a previous lease for 11,057 square feet at Prospect Park I in Fort Lauderdale earlier in May.

Players

Jonathan Thiel
12 deals$20.9M volume(954) 732-7453
BROKER

Joseph Byrnes
Savills
7 deals$80.5M volume
BROKER

Details

LEASED
IMAGE: 321 NW Peacock BLVD, Port St. Lucie... MARKET: Port Saint Lucie TENANT'S REP: Joseph Byrnes(Savills), Jonathan Thiel() TENANT: Klima Control Air Conditioning & Heating LANDLORD: DBT Properties Investment Inc SQUARE FEET: 17247

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Deal Type
Effective Rent (Annual)

$988,587.63

Total Lease Value

$9,885,876.32

Net Landlord Cash Flow$988,587.63