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The Midpoint Miami Logistics Park development can be a built-to-suit facility for a large single-tenant user or a two-building industrial park for medium to large users.
The development team also announced that Hamilton Lane, a global alternative investment management firm, has signed a lease to occupy 130,000 square feet at Seven Tower Bridge beginning in 2021.
The W.T. The W.T. Waggoner Building at 810 Houston St. is set to become the second Sandman Signature Hotel in the United States, and Sandman is a chain owned by Canada-based Northland Properties.
Property benefits include a HUD Project-Based Section 8 contract for rental assistance and HPD Article 11 regulatory agreement, a tax incentive for new construction or rehabilitation of affordable housing.