The United States distribution arm of the France-based firm is adding 20,000 sf to its facility, growing its space to 40,627 sf. The estimated aggregate value of the eight-year lease is $2.24 million. Average quoted rent at the 14-year-old, 63%-leased park is $14 per sf.
Scott Brenner of Brenner Real Estate Group, Deerfield Beach, FL, negotiated for Gautier. Peter Sherdan of Premier Commercial Realty represented park owner Sample 95 Associates Ltd.
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