Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MIAMI-Two new tenants with a combined estimated lease value of $596,300 have joined the roster at Beacon Centre. The 2.3 million-sf park is 97%-occupied.

Stanford Electronics has leased 14,973 sf at 8323 N.W. 12th St. This lease is valued at about $419,300, based on the approximate rents for industrial space in the building, $7 per sf gross.

Stanford Electronics distributes electronic parts and equipment. The company moved from Americas Gateway Park to Beacon Centre where it increased its space slightly.

Universal Land Title, a West Palm Beach, FL-based title company, leased 2,011 sf of office space at 8337 N.W. 12th St. It was a lease renewal valued at about $177,000. For full-service office space, rents in the building are in the low $20s per sf gross. Both were mid-term leases.

Jose I. Juncadella, David Spillers and George Pino of Codina Realty Services Inc. ONCOR International represented the property owner, AMB Properties, in both transactions. They were the only brokers in the Universal Land Title deal. Hector Catano of Westvest & Associates represented Stanford Electronics.

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

Once you are an ALM digital member, you’ll receive:

  • 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
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.