Cushman & Wakefield Awarded the Exclusive Leasing for 220 Alhambra in Miami

Class A, 176,990-SF Office Building is Located in Heart of Coral Gables CBD MIAMI, FL, June 11, 2019 — Cushman & Wakefield has been named the exclusive leasing advisor for 220 Alhambra, a 176,990 square-foot Class A landmark office building located in the heart of Coral Gables, Florida. The Cushman & Wakefield leasing team of Managing Director Gordon Messinger and Director Ericka Witkowski will oversee leasing of the building. The entire 9th and 11th floors — each with 15,900 square-foot floorplates — are available, presenting a rare opportunity for a tenant to lease an entire floor in the Coral Gables market. The building is anchored by Amerant Bank, N.A. who houses their headquarters at the building. Other notable tenants include Morgan Stanley and Pinta USA. “220 Alhambra is one of the only Class A properties in the Coral Gables office market with two full floors available for lease,” said Messinger. “This is a phenomenal opportunity for a [...]

2019-06-14T10:43:08-04:00June 11th, 2019|In the News, Press Release|

Cushman & Wakefield Arranges $8.5M Sale of Commerce Pointe Gold

An Affiliate of SF Partners Sold the 43,433-Square-Foot Office Building in West Palm Beach to Commerce Pointe Gold, LLC WEST PALM BEACH, FL, June 3, 2019 — Cushman & Wakefield has negotiated the sale of Commerce Pointe Gold, a 43,433-square-foot office building in Palm Beach County. The Cushman & Wakefield Capital Markets team of Scott O’Donnell, Greg Miller, Dominic Montazemi and Miguel Alcivar negotiated the sale on behalf of KAS Gold, LLC, an affiliate of Miami-based SF Partners. Commerce Pointe Gold, LLC acquired the building for $8.5 million ($196 per square foot) and was represented by Jason Sundook and Neil Merin of NAI/Merin Hunter Codman, Inc. Commerce Pointe Gold was developed in 1986 on a ±2.8-acre campus at 1800 South Australian Ave. The four-story office building features a distinctive all-glass gold-colored exterior, ample parking and offers exceptional visibility along Interstate 95. SF Partners implemented a significant capital improvement campaign at Commerce Pointe Gold during its seven-year ownership tenure. These enhancements helped drive occupancy from [...]

2019-06-14T11:59:32-04:00June 3rd, 2019|In the News, Press Release|

Cushman & Wakefield Leases ±36,539 SF at Sabre Centre I

John Criddle and Joseph Freitas Negotiated New Leases with Gift of Life, The North West Company and Jay @ Play BOCA RATON, FL, May 31, 2019 — Cushman & Wakefield has secured three new office leases totaling ±36,539 square feet at Sabre Centre I, an office property in Palm Beach County owned by Grover Corlew, a Florida-based real estate investment management group. The Cushman & Wakefield office leasing team of John Criddle and Joseph Freitas recently negotiated national headquarters leases with Gift of Life, The North West Company and Jay @ Play on behalf of Grover Corlew. “Sabre Centre I represents the transformational renovations we are known for,” said Grover Corlew Partner Mark Corlew. “We purchased the property in 2016, investing more than $2 million into common area and mechanical upgrades and improvements in order to provide prominent companies with a sophisticated office experience that includes quality aesthetics and a strong property management team.” Gift of Life, a [...]

2019-06-14T11:51:43-04:00May 31st, 2019|In the News, Press Release|

Cushman & Wakefield Facilitates $39.6M Sale of The Palm House Hotel

An Affiliate of London and Regional Properties Acquired the 79-Unit Asset in Section 363 Bankruptcy Sale PALM BEACH, FL, May 20, 2019 — Cushman & Wakefield has facilitated the sale of The Palm House Hotel via a Section 363 bankruptcy sale. The Cushman & Wakefield South Florida Multifamily Team of Robert Given, Errol Blumer, Robert Kaplan and Michael Mulkern represented 160 Royal Palm, LLC, a court-appointed receiver managed by former Delray Beach Mayor Cary Glickstein, in the disposition. U.K.-based investor and developer London and Regional Properties acquired the 79-unit asset for $39.6 million ($501,266 per unit). The Palm House Hotel is located on a 1.38-acre site at 160 Royal Palm Way on Palm Beach Island. The 82,648-square-foot project was initially developed in 1961 and expanded in 1981. In 2006, significant renovations were started at the property, but were halted in 2014. The property is currently vacant. The Palm House Hotel is located less than one block from the Atlantic Ocean in one of South Florida’s wealthiest zip codes (33480), which boasts an [...]

2019-06-14T11:08:15-04:00May 20th, 2019|In the News, Press Release|

‌Cushman & Wakefield Negotiates ±192,454-SF Lease Renewal for Miami International Freight Solutions​

Wayne Ramoski and Gian Rodriguez Arranged Miami International Freight Solutions’ Renewal at 14100 NW 60th Avenue, Terreno Realty Corporation’s FTZ-Based Warehouse and Distribution Center MIAMI LAKES, FL, May 7, 2019 — Cushman & Wakefield has negotiated a ±192,454-square-foot, whole-building lease renewal for Miami International Freight Solutions (MIFS) at 14100 NW 60th Avenue in Miami Lakes Business Park East. According to Cushman & Wakefield Research, this is the largest 2Q 2019 industrial lease renewal to date in the Miami market. The Cushman & Wakefield South Florida Industrial Team of Wayne Ramoski and Gian Rodriguez represented MIFS in the renewal negotiations. Carlos Velasquez and Rene Vivo of The Vivo Group represented the landlord, San Francisco-based Terreno Realty Corporation. MIFS is an industry-leading logistics firm specializing in air and ocean export, domestic transportation, imports and U.S. customs services, systems integration, insurance, foreign-trade zone (FTZ) and logistics and supply chain management. 14100 NW 60th Avenue is a distribution facility developed in 1971 on a ±13.2-acre site. The [...]

2019-05-17T15:49:33-04:00May 7th, 2019|In the News, Industrial, Press Release|

Cushman & Wakefield Negotiates Sale of 8.6-Acre Redevelopment Site in Miami

Flagler Global Logistics Acquired the Site Bordering Planned Countyline Corporate Park MIAMI, April 22, 2019 – Cushman & Wakefield has negotiated the sale of an 8.6-acre redevelopment site situated in the path of development in Miami-Dade County. Marketed as Turnpike Transfer, the vacant site sold for $6.7M and is zoned for a wide variety of uses. Cushman & Wakefield’s Wayne Ramoski and Gian Rodriguez, with the firm’s Miami Industrial Team, worked with capital markets specialist Miguel Alcivar and retail specialist Greg Masin in representing the seller, Turnpike Transfer, LLC, in the disposition. The buyer is Flagler Global Logistics (FGL), an integrated, third-party logistics provider and real estate developer based in Miami. FGL already owns 500 acres of land that border the Turnpike Transfer site, where it is developing Countyline Corporate Park. The master-planned business park will offer 8 million square feet of Class A warehouses as well as office and industrial [...]

2019-05-16T12:01:16-04:00April 22nd, 2019|In the News, Industrial, Press Release|

Cushman & Wakefield’s South Florida Industrial Team Earns Top NAIOP Honors

The Team Was Named Industrial Broker Team of the Year and also Took Home the Industrial Lease Transaction of the Year Award BOCA RATON, FL, April 12, 2019 — Cushman & Wakefield’s South Florida Industrial Team recently received two major accolades at the NAIOP South Florida Awards of Excellence. Executive Director Chris Metzger, Executive Director Richard F. Etner Jr., Executive Director Christopher Thomson, Director Matthew G. McAllister; Associate Adam Talbot, Senior Brokerage Coordinator Julie Miller and Brokerage Coordinator Uilani Kauhi were named Industrial Broker Team of the Year. The group also took home Industrial Lease Transaction of the Year honors for their work on Postal Center International’s 225,000-square-foot lease of Weston Business Center. The South Florida Industrial Team specializes in industrial real estate in Broward, Palm Beach, Martin, St. Lucie and Indian River Counties. The team has worked together in the South Florida market for over 40 years and is [...]

2019-05-16T11:58:19-04:00April 12th, 2019|Florida, In the News, Industrial, Press Release|

Cushman & Wakefield Negotiates 43,624-SF HQ Lease With Parbel at Waterford Atrium​

Jeannette Mendoza, Brian Gale, Ryan Holtzman, Andrew Trench and Lena Weeks Represented MetLife Real Estate Investors in Securing the Largest Office Lease Executed in the Airport West Submarket This Year​ MIAMI, FL, April 8, 2019 — Cushman & Wakefield has negotiated a 43,624-square-foot lease renewal with Parbel at Waterford Atrium in Miami’s Waterford at Blue Lagoon business park. According to Cushman & Wakefield research, this is the largest office lease executed in the Airport West submarket this year. The Cushman & Wakefield office leasing team of Jeannette Mendoza, Brian Gale, Ryan Holtzman, Andrew Trench and Lena Weeks negotiated the lease on behalf of owner MetLife Real Estate Investors. John Marshall and Randy Carballo of JLL represented Parbel in the lease negotiations. Parbel renewed its space in 6100 Waterford, located at 6100 Blue Lagoon Drive. Formerly Helena Rubinstein Inc. and now a subsidiary of L’Oreal, Parbel distributes cosmetics, perfumes and beauty products. The company houses its headquarters at Waterford Atrium. “This was a very [...]

2019-05-13T14:21:03-04:00April 8th, 2019|Florida, In the News, Office, Press Release|

Cushman & Wakefield Names Gian Rodriguez Managing Principal of Miami and Fort Lauderdale Offices

Industrial Brokerage Veteran Will Oversee All Aspects of the Firm’s 200-Person Operation in Miami-Dade and Broward Counties MIAMI, April 4, 2019 – Cushman & Wakefield has named Gian Rodriguez Managing Principal for its Miami and Fort Lauderdale offices. Rodriguez, a market-leading industrial broker who joined Cushman & Wakefield in 2011, will now oversee the strategic growth and business development efforts for the firm’s business in these markets. Larry Richey, who held this role for the last four years, will continue to serve as Regional Managing Principal for Cushman & Wakefield’s Florida offices, leading the firm’s four Managing Principals throughout the state. Rodriguez will now have direct oversight of over 200 employees, and all aspects of the firm’s business in Miami-Dade and Broward counties, including agency leasing, tenant representation, capital markets, debt and equity, asset services, valuation and advisory and project and development services. A Miami native and bilingual, Rodriguez has over [...]

2019-04-04T13:24:16-04:00April 4th, 2019|Florida, In the News, Press Release|

Cushman & Wakefield Industrial Team Arranges Seven Leases Totaling 650,000 SF in Miami

Leases Include: Winco with 121,979 SF at Flagler Station II, MarJam with 102,400 SF at Airport East Distribution Center and Redbull Distribution Company with 48,547 SF at South Florida Logistics Center MIAMI, March 22, 2019 –The Cushman & Wakefield team of Executive Director Wayne Ramoski, Director Gian Rodriguez and Senior Associate Skylar Stein has recently arranged seven notable leases totaling approximately 650,000 square feet in Miami-Dade County. The leases have a total lease value of $40.94 million. More details below: ·Winco, DWL International Trading, LLC, a commercial kitchenware and equipment supplier, has leased a 121,979-square-foot distribution space at Flagler Station II, Building 22, 10800 NW 103rd St. in Medley. Cushman & Wakefield represented the tenant. The landlord is undisclosed. ·National Molding, an international molding company and plastic manufacturer, has renewed its lease for a 105,871-square-foot manufacturing space at 14427 NW 60th Ave. in Miami Lakes. The space serves as the [...]

2019-03-22T14:09:32-04:00March 22nd, 2019|In the News, Press Release|