Seagis Leases 121097 SF Industrial Space To Double Ace Cargo In Doral For $5/ft

The property involved in this transaction is an industrial asset located at 8100 Northwest 25th Street in Doral. The lease for this asset encompasses a total square footage of 121,097, with an asking rent of $5 per square foot. The lease term is set for a duration of 5 years, functioning as a NNN Lease.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $605,485
• Landlord: Seagis
• Tenant: Double Ace Cargo
• Landlord's Representative: Reshma Parvani & Vishal Parvani - Parvani Commercial Group
• Tenant's Representative: George Smith & James Caro - Smith Commercial Property Group

This transaction marks a successful expansion for Double Ace Cargo, enhancing their logistics and trucking operations. The collaborative efforts of Reshma Parvani and Vishal Parvani from Parvani Commercial Group were instrumental in facilitating this deal, alongside the contributions of George Smith and James Caro from Smith Commercial Property Group.