LEASEDIndustrial
Vision Aerospace Leases 76,605 Square Feet At Palmetto 74 Logistics Center In Medley Florida
8130 Northwest 74th Street
Building Size
76,605 SF
Asset Type
Industrial
Closing
Aug 4, 2026
AI
The industrial asset located at 8100-8130 Northwest 74th Street in Medley, FL, encompasses a total square footage of 76,605. It is part of a larger portfolio managed by Link Logistics, which has successfully achieved full occupancy at the Palmetto 74 Logistics Center.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Lease Date: 08/04/2026
- Landlord: Luke J. Petherbridge - Link Logistics
- Tenant: Jorge Silva & Rafael Mendoza - Vision Aerospace
- Broker: Steve Medwin - Stream Realty Partners
Stream Realty Partners played a pivotal role in leasing the entire 403,496-square-foot Palmetto 74 Logistics Center. The final lease signed by Vision Aerospace contributed to the industrial park reaching 100% occupancy within a span of 10 months, following a strategic leasing campaign that raised occupancy from 11% through five leases totaling 359,174 square feet.
Players
Bartow Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93