The company is relocating to the property at 11800 N.W. 102ndRd. from Broward County.

Makita Latin America, which distributes power tools to theCaribbean and Latin and Central America, inked a five-year deal;and based on the average asking rental rate that ranges from $5.40to $6.35 per sf gross at Beacon Station, the lease is estimated tobe worth approximately $727,330.

The company chose Miami-Dade County because it was able to savemore than $2 a sf for comparable distribution space, saysJean-Claude Conte, a broker involved in the transaction.

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