The lease, at 11200 N.W. 25th St. at Lightspeed@BeaconTradeport, Building 1, represents a renewal of 45,780 sf and anextra 29,056 sf. The entire building is 95,000 sf. That facilitywill be used for the distribution of Volkswagon, Volkswagon trucksand Audi automobile parts to the Caribbean and South America,Carter Hopkins, the broker who represented the tenant,

"They were just looking to better serve their clients in SouthAmerica and the Caribbean by having more parts available," saysHopkins, who was with Cresa Partners in the early stages of thedeal and is now with Trammel Crow in South Florida.

Jose I. Juncadella, David Spillers and George Pino of CodinaRealty Services Inc. ONCOR International, who represented theproperty owner, Tradeport Ltd., tell that the space wasnecessary for the company to handle growth of its current andfuture business.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.