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MIAMI-The Airport West-Dade industrial submarket is showingcontinued activity with Ace Hardware Corp.'s lease of 54,570 sf ofspace at the Beacon at 97th industrial park at 2000 NW 97th Ave.The lease was for a five-year term with an approximate net leasevalue of $2.5 million.

Michael Silver, CB Richard Ellis first vice president,represented Ace Hardware. Rafael Villamizar, of Newmark KnightFrank, represented the landlord, Faith Group Ltd. Silver tellsGlobeSt.com that Ace Hardware will use the space for distributionof its products. Among reasons Ace chose the space was the highlevel of security at the park, which contains security cameras,protective fencing and other features. "This is a unique industrialspace," Silver says. "It has a higher level of security than otherindustrial parks in the area."