Xebec Realty Leases 81,168 SF Industrial Space To Food-Industry Tenants In Miami For 10 Years

The leased property, located at 6505 Northwest 167th Street in Miami, features an industrial asset with a total square footage of 81,168. This lease is part of a long-term agreement structured as a triple net (NNN) lease.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Landlord: Xebec Realty
• Landlord's Representative: Skylar Stein & Nicolas Palazzo - Cushman & Wakefield
• Tenant's Representatives: Fernando Abella & Guillermina Abella - Abella Industrial Realty Group
• Lease Term: 10 years

Abella Industrial Realty Group represented two food-industry tenants in this transaction, aiming to secure long-term space to facilitate growth and enhancement of their operations. The representatives highlighted their extensive experience in food, distribution, and cold-storage logistics. Nicolas Palazzo and Skylar Stein of Cushman & Wakefield emphasized Xebec Realty's innovative approach to deal-making and its commitment to fulfilling specialized space requirements.