X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SUNRISE, FL-Ceramic Protection Corp. has extended and expanded its lease to 149,590 sf of space at Sawgrass Technology Park at 1655 NW 136th Ave. Under the new lease, the company will occupy 128,144 sf lease of warehouse and light industrial and 21,446 sf of office.

The term for both leases is 10 years. The company plans to move its headquarters, currently located at the Sawgrass International Corporate Park in Sunrise, to the newly leased office at Sawgrass Technology Park.

Sawgrass Technology Park is owned by Stiles Capital Partners, a joint venture of Fort Lauderdale-based Stiles Corp. and Minneapolis-based Cargill. Stiles agents Madelayne Garcia and Liz Glaria represented by the landlord and Bob Argenti, of Coral Springs-based Florida Trust Realty, represented the tenant.

Stiles Realty Co. president Tom Kates tells GlobeSt.com that, with the new warehouse and industrial lease, the company will relocate from another building within Sawgrass Technology Park to the current location. With the new lease, the company tripled the amount of space it occupies within the park. “The non-office component was well-suited for their operations due to its infrastructure,” Kates says. “It has high ceilings and lots of power.”

Built in 1985, the 62.95-acre Sawgrass Technology Park consists of 12 Mediterranean Hacienda-style buildings. Among tenants in the park are Air France North American reservation headquarters, Sheridan Health Corp., First American Real Estate, the City of Sunrise and the Broward County School Board.

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

*May exclude premium content
Already have an account?

GlobeSt

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 © 2021 ALM Media Properties, LLC. All Rights Reserved.