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MIRAMAR, FL-LogiMedix has relocated its headquarters from Weston to 36,648 sf in MPC-17, one of 64 buildings in the 4.3-million-sf Miramar Park of Commerce. The lease term is for just over five years, Maridee Bell, director of leasing for the park, tells GlobeSt.com. Without disclosing the value of the lease, she says, “the asking rate in the building is $7.95 per sf, gross.”

This lease takes the 117,000-sf MPC-17 property’s occupancy to 100%, according to Bell, who represented the park’s owner and developer, Miami-based Sunbeam Properties. Stuart Kaminsky of Deerfield Beach-based US Realty represented the tenant.

Bell tells GlobeSt.com the entire park is 97% leased. “We’re adding between 100,000 sf and 200,000 sf, primarily spec flex office and light industrial space this year.” While most of the buildings are spec, the company also constructs some build-to-suits. The park opened 20 years ago, and full build-out within the next seven to 10 years will result in an aggregate of six million sf, she says.

LogiMedix is a national supplier of diabetes testing equipment, insulin pumps, respiratory medications, insurance contracts and primarily mail-order pharmacy services. The new location provides its full-line pharmacy with the capacity to serve walk-in patients and also expands its administrative offices.

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