Press Release - State Street Realty Closes a 54,000SF Lease With Just In Time Services, Inc.
P R E S S R E L E A S E
FOR IMMEDIATE RELEASE
Media Contact:
Cecilia Pino
Ph: 305-788-3162
Email: cpino@statestreetre.com
STATE STREET REALTY CLOSES A 54,000 SF LEASE WITH
JUST IN TIME SERVICES, INC. AT THE PROLOGIS MIAMI INDUSTRIAL BUSINESS PARK
Lease is One of The Largest Transactions Completed in the Miami Airport Area for 4th Quarter 2011
Miami, Fla. – (November 27, 2011) – State Street Realty, a Miami based brokerage and advisory firm has leased a 54,000 square foot industrial space which brings Just In Time Services, Inc., an international freight forwarding and operational logistics company, to the Prologis Miami Industrial Business Park located within the Miami-Airport West submarket.
State Street Realty President George Pino, RPA and Senior Vice President Ed Lyden, represented the landlord, Prologis. Just In Time Services Inc., was represented by Frank Trelles of Westvest Associates.
Located at 11380 NW 34 Street, Miami Industrial Business Park is a Prologis-owned secure distribution warehouse facility in the heart of the Miami Airport West submarket. Prologis is the largest landlord of industrial warehouse space in the Miami Airport West area. According to Pino, the property’s prime location next to the Miami International Airport and Port of Miami, efficient building specifications, quality property management, top-class amenities and stable institutional ownership were all attractive elements that brought the tenant to the property. Pino stated, “The tenant had numerous options but as the industrial sector continues to strengthen in the Miami Airport West submarket, tenants will want to lease space from landlords like Prologis that can provide tenants immediate growth flexibility for their business.”
FOR IMMEDIATE RELEASE
Media Contact:
Cecilia Pino
Ph: 305-788-3162
Email: cpino@statestreetre.com
STATE STREET REALTY CLOSES A 54,000 SF LEASE WITH
JUST IN TIME SERVICES, INC. AT THE PROLOGIS MIAMI INDUSTRIAL BUSINESS PARK
Lease is One of The Largest Transactions Completed in the Miami Airport Area for 4th Quarter 2011
Miami, Fla. – (November 27, 2011) – State Street Realty, a Miami based brokerage and advisory firm has leased a 54,000 square foot industrial space which brings Just In Time Services, Inc., an international freight forwarding and operational logistics company, to the Prologis Miami Industrial Business Park located within the Miami-Airport West submarket.
State Street Realty President George Pino, RPA and Senior Vice President Ed Lyden, represented the landlord, Prologis. Just In Time Services Inc., was represented by Frank Trelles of Westvest Associates.
Located at 11380 NW 34 Street, Miami Industrial Business Park is a Prologis-owned secure distribution warehouse facility in the heart of the Miami Airport West submarket. Prologis is the largest landlord of industrial warehouse space in the Miami Airport West area. According to Pino, the property’s prime location next to the Miami International Airport and Port of Miami, efficient building specifications, quality property management, top-class amenities and stable institutional ownership were all attractive elements that brought the tenant to the property. Pino stated, “The tenant had numerous options but as the industrial sector continues to strengthen in the Miami Airport West submarket, tenants will want to lease space from landlords like Prologis that can provide tenants immediate growth flexibility for their business.”
State Street Realty’s office is based out of Beacon Centre Business Park located at 8355 NW 12 Street, Doral, Florida. For more information, please contact State Street Realty at (305) 447-3390.
About State Street Realty
State Street Realty is a Miami-based brokerage and advisory firm that specializes in representing real estate owners, investors and occupiers of commercial real estate throughout South Florida. Offering more than 60 years of combined industry experience, State Street Realty caters to corporate, private and institutional clients and has been named the exclusive leasing agency on a portfolio that consists of more than four million square feet of commercial space throughout the region. For more information, visit www.statestreetre.com
About State Street Realty
State Street Realty is a Miami-based brokerage and advisory firm that specializes in representing real estate owners, investors and occupiers of commercial real estate throughout South Florida. Offering more than 60 years of combined industry experience, State Street Realty caters to corporate, private and institutional clients and has been named the exclusive leasing agency on a portfolio that consists of more than four million square feet of commercial space throughout the region. For more information, visit www.statestreetre.com