{"id":7898,"date":"2021-11-30T16:18:30","date_gmt":"2021-11-30T21:18:30","guid":{"rendered":"https:\/\/www.lee-associates.com\/southflorida\/?p=7898"},"modified":"2023-01-25T15:25:13","modified_gmt":"2023-01-25T20:25:13","slug":"lee-associates-south-florida-completes-several-new-industrial-leases-totaling-nearly-150000-sf","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/southflorida\/2021\/11\/30\/lee-associates-south-florida-completes-several-new-industrial-leases-totaling-nearly-150000-sf\/","title":{"rendered":"Lee & Associates South Florida Completes Several New Industrial Leases Totaling Nearly 150,000 SF"},"content":{"rendered":"
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Firm President Matthew Rotolante and Vice President Conner Milford broker big industrial deals in Davie, Miramar and Tamarac<\/h3><\/div><\/div>
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MIAMI, Florida\u2014November 30, 2021 \u2013 Lee & Associates South Florida<\/strong> President Matthew Rotolante<\/a> and Vice President Conner Milford<\/a> represented tenants in three large industrial leases totaling nearly 150,000 square feet in Broward County. The prolific brokers leveraged Lee\u2019s national network to collaborate with out-of-state counterparts on the latest deals.<\/p>\n

In one transaction, Chadwell Supply<\/strong> leased 63,800 square feet at Miramar Distribution Center<\/strong>\u2019s Building B in Miramar. Chadwell is a family-owned multifamily supply company headquartered in Tampa, with many additional locations throughout the Southeast, Mid-Atlantic, Midwest and Southwest. It has operated since the early 1970s and expanded into one of the premier maintenance and repair operations (MRO) supply businesses servicing the multifamily industry.<\/p>\n

Link Logistics Real Estate Management LLC owns the 11500 Miramar Pky., Suite 100 building. Rotolante and Milford worked with Billy Snowden<\/strong> of Lee\u2019s Atlanta office on the transaction.<\/p>\n

In Davie, international manufacturing corporation Georg Fischer, LLC<\/strong> \u2013 operating as GF, leased 42,660 square feet at IDI Davie Business Center<\/strong>\u2019s Building F. Atlanta-based IDI Logistics, LLC is the landlord.<\/p>\n

Founded in Switzerland in 1802, GF comprises three divisions: GF Piping Systems, GF Casting Solutions and GF Machining Solution. It has a presence in 34 countries with 137 companies- 59 of which are production facilities.<\/p>\n

Rotolante and Milford were referred to GF by Gary McArdell<\/strong> of Lee\u2019s Newport Beach, California office and guided the company through an extensive search of South Florida industrial properties starting in 2019. The pandemic shutdown temporarily halted the search, which resumed in mid-2021.<\/p>\n

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\u201cWe were able to help GF lock up some of the last remaining industrial space in IDI\u2019s phased project, which is now under construction on its final building as the completed phases are fully occupied,\u201d Milford said. \u201cOver the last 24 months, rents have increased over 20% as new Class A distribution product continues to lease quickly due to surging e-commerce demand coupled with the scarcity of remaining industrial land to develop new projects.\u201d<\/p>\n<\/blockquote>\n

In Tamarac, Denver-based wheel designer, marketer and distributor Wheel Pros<\/strong> leased 40,171 square feet at 6801 N. Hiatus Road<\/strong> in Tamarac. Rotolante and Milford partnered with Reid Bassinger<\/strong> of Lee\u2019s Dallas\/Fort Worth office on the deal. Tamarac Industrial Venture, LLC is the landlord.<\/p>\n

Founded in 1994, Wheel Pros distributes aftermarket wheels through a variety of brands. It has more than 35 warehouse and fabrication locations around the world.<\/p>\n

Terms of the Chadwell, GF and Wheel Pros leases were not disclosed.<\/p>\n

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\u201cThese deals underscore South Florida\u2019s appeal as a regional distribution hub for national and international businesses,\u201d Rotolante said. \u201cWe are thrilled to produce such strong results for three industry leaders that have longstanding relationships with our Lee colleagues in the Southwest and West Coast. The firm\u2019s spirit of collaboration is particularly evident in transactions like these.\u201d<\/p>\n<\/blockquote>\n<\/div>\n<\/div><\/div>

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About Lee & Associates | South Florida<\/u><\/strong><\/a><\/p>\n

Lee & Associates | South Florida is a full service commercial real estate brokerage firm providing the highest level of service to South Florida\u2019s diverse industrial, office, retail, multifamily, investment and land sectors. Our dedicated team of professionals is led by Matthew Rotolante, a 4th generation Miami native in a family that has owned and operated commercial property in the South Florida market since 1928. Our bilingual culture allows for open communications throughout the company, fostering collaboration and information sharing. In addition, the Lee & Associates\u2019 robust national network that sold and leased nearly $16 Billion in commercial real estate in 2019 offers clients a cross-market platform of services and expertise across all asset specialties and representation roles.<\/p>\n

About Lee & Associates<\/u><\/strong><\/a><\/p>\n

Lee & Associates is a commercial real estate brokerage, management and appraisal services firm. Established in 1979, Lee & Associates has grown its service platform to include offices\u00a0in the United States and Canada. Lee & Associates provides superior market intelligence in office, industrial, retail, investment and appraisal to meet the specialized needs of our clients. For the latest news from Lee & Associates, visit lee-associates.com<\/a> or follow us on Facebook<\/a>, LinkedIn<\/a>, Twitter<\/a> and Link<\/a>, our company blog.<\/p>\n<\/div>\n<\/div><\/div>

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\n\t\t\t\n\t\t\t\"Industrial\n\t\t\t<\/a><\/div>\n\n<\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"

MIAMI, Florida\u2014November 30, 2021 \u2013 Lee & Associates South Florida President Matthew Rotolante and Vice President Conner Milford represented tenants in three large industrial leases totaling nearly 150,000 square feet in Broward County. The prolific brokers leveraged Lee\u2019s national network to collaborate with out-of-state counterparts on the latest deals. In one transaction, Chadwell Supply leased 63,800 square feet at Miramar Distribution Center\u2019s Building B in Miramar. Chadwell is a family-owned multifamily supply company headquartered in…<\/p>\n","protected":false},"author":76,"featured_media":7899,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,105,2],"tags":[1825,172,1826,1837,377,31,1822],"class_list":["post-7898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-industrial","category-press-releases","tag-citybiz","tag-conner-milford","tag-cre-sources","tag-deals","tag-industrial-team","tag-matthew-rotolante","tag-the-real-deal"],"yoast_head":"\nLee & Associates South Florida Completes Several New Industrial Leases Totaling Nearly 150,000 SF - Lee & Associates South Florida<\/title>\n<meta name=\"description\" content=\"Firm President Matthew Rotolante and Vice President Conner Milford broker 150,000 SF in industrial leases in Davie, Miramar and Tamarac\" \/>\n<meta name=\"robots\" content=\"index, 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