Propulsion Technologies International Leases Office Space In Miramar From Heitman

The lease transaction involved an office property located at 15301 Southwest 29th Street in Hollywood, FL. The asset, situated in Miramar, spans 124,280 square feet and is part of the Miramar Centre Business Park.

Summary of transation details:

• Property Type: Office
• Transaction Amount: Not Applicable
• Landlord: Heitman
• Tenant: Propulsion Technologies International
• Square Feet: 124,280
• Address: 15301 SW 29th St, Hollywood, FL, 330...
• Market: Miramar
• Landlord's Rep: Larry Dinner(CBRE)

Propulsion Technologies International, an aircraft maintenance company, renewed its lease for the entire Building D within the facility. Owned by a joint venture between GE Aviation and Safran, Propulsion will continue to operate in the space, benefiting from 24-foot clear heights and 26 docks at the location.