(Carl Cronan is editor of RealEstateFlorida.)

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MIRAMAR, FL-ZF Marine LLC plans to establish its North Americanheadquarters at Miramar Centre Business Park after signing a leasewith Industrial Developments International Inc. for half ofBuilding C. The ten-year 62,552-sf lease term will begin Jan. 1,2009, at which time the parts supplier will move from its existingHollywood base.

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ZF Marine is a subsidiary of ZF Friedrichshafen AG, aGerman-based manufacturer of transmissions for airplanes, groundvehicles and marine vessels. The company has 58,000 employees at119 locations in 25 countries and posted total sales of $17.3billion last year.

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"This is an excellent location for ZF Marine, providing accessto Interstate 75 and Florida's Turnpike," says Larry Dinner, vicepresident of leasing for IDI's Fort Lauderdale office. "ZF Marineis expanding its operations in South Florida, and Miramar CentreBuilding C provides new, class A space that the company requiresfor its growing business."

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Building C, at 15351 SW 29th St. in Miramar, was completed inJune and features 30-foot clear height ceilings, early suppressionfast response (ESFR) sprinklers and wide column spacing. The otherhalf of the 125,104-sf building remains available for lease, Dinnersays.

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Atlanta-based IDI has developed 22 buildings totaling nearlyfour million sf in South Florida. It is in the process of buildingup to two million sf of industrial space in Tampa and has secured asite in Lake County where it plans more than 700,000 sf.

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