Prologis Leases 200000 SF Industrial Space To Sims Crane & Equipment In Medley At $4/ft

The property asset involved is an industrial lease located at 9401 Northwest 106th Street in Medley. The lease is for a space measuring 200,000 square feet with an asking rent of $4 per square foot. The lease type is a NNN Lease with Prologis as the landlord and Sims Crane & Equipment as the tenant.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4/ft
• Square Footage: 200,000
• Address: 9401 Northwest 106th Street
• Market: Medley
• Landlord: Prologis
• Tenant: Sims Crane & Equipment
• Broker: Noah Ohayon - AXIOM Capital Advisors
• Lease Type: NNN Lease

Noah Ohayon of Axiom Capital Advisors completed this lease transaction within just 15 days of the tenant’s requirement. He negotiated an aggressive rate and favorable terms for the tenant, who will utilize the property for outdoor storage operations. Ana Riviera at JLL collaborated efficiently on this deal, and Dylan at Prologis played an instrumental role throughout the process.