Tom O'Loughlin, Larry Genet & Larry Dinner Of CBRE Lease 63,860 SF Industrial Space In South Florida
LEASED
Florida
See Similar DealsIndustrial63,860 SF
Leased 07/01/2024
Summary
Asset Type:Industrial
Price Per Square Foot:$18
Total Square Footage:63,860 SF
Transaction Type:Lease
The transaction involves an industrial asset located in the South Florida market, with an asking rent set at $18 per square foot and a total area of 63,860 square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $18/ft
- Asset Size: 63,860 SF
- Market: South Florida
- Landlord's Representatives: Tom O'Loughlin, Larry Genet & Larry Dinner - CBRE
- Tenant's Representative: Tom Viscount - Avison Young
The deal was facilitated by Tom O'Loughlin, Larry Genet, and Larry Dinner from CBRE representing the landlord, while Tom Viscount of Avison Young represented the tenant in the lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,317,750.00
Total Lease Value
$13,177,499.99
Net Landlord Cash Flow$1,317,750.00
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