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Del Valle Brands Leases Industrial Building In Medley, Miami From Seagis Property Group

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LEASED

Florida

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Industrial125,926 SF
Leased 03/25/2020
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LEASED

Del Valle Brands Leases Industrial Building In Medley, Miami From Seagis Property Group

8150 NW 76th Ave, Miami, FL, 33166

See Similar Deals
Industrial125,926 SF
Leased 03/25/2020
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:125,926 SF
Transaction Type:Lease

The property involved in the transaction is an industrial building located at 8150 NW 76th Ave in Miami, FL, 33166. The building, owned by Seagis Property Group, spans 125,976 square feet and is situated in the Medley market of Miami.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not provided
  • Landlord: Seagis Property Group
  • Tenant: Del Valle Brands
  • Landlord's Rep: Walter Byrd (Transwestern)
  • Tenant's Rep: Lee Katsikos (The Katsikos Group)

The deal was facilitated by Transwestern Real Estate Services, with Managing Director Thomas Kresse, Executive Managing Directors Walter Byrd and Ben Eisenberg, and Vice President Carlos Gaviria representing the landlord, Seagis Property Group. The tenant, Del Valle Brands, was represented by Lee Katsikos of The Katsikos Group during the lease transaction.

Players

Walter Byrd
17 deals$53M volume
BROKER

Seagis Property Group
LANDLORD

Details

LEASED
IMAGE: 03/25/2020 ADDRESS: 8150 NW 76th Ave, Miami, FL, 33166 MARKET: Medley ASSET TYPE: Industrial LANDLORD'S REP: Walter Byrd(Transwestern) TENANT: Del Valle Brands LANDLORD: Seagis Property Group SQUARE FEET: 125926

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Deal Type
Effective Rent (Annual)

$7,218,002.33

Total Lease Value

$72,180,023.31

Net Landlord Cash Flow$7,218,002.33