(To read more on the industrial market, click here.)

MIAMI-With the signing of a 32,000-sf lease by electronicsdistribution firm SED International, the 2.3-million-sf BeaconCentre is 100% occupied, Flagler Real Estate Services vicepresident George Pino tells GlobeSt.com. "Leasing has been strongat Beacon Centre, but it's been a long time since we've hit thatbenchmark," Pino says.

Pino represented the owner, AMB Property Corp. SED Internationalwas represented by Steve Digiacomo, of Doral-based Digiacomo Group.The long-term lease was valued at $1.5 million. SED, which willoccupy Building 2, will use the space for the distribution ofelectronics.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.