Transwestern Real Estate Services (TRE) represented the landlord, Seagis Property Group, in a new, long-term industrial lease totaling 125,976 square feet with Del Valle Brands at 8150 NW 76th Ave. in Medley.
Del Valle Brands, a brand development and distribution company, will occupy the entire building. Transwestern’s South Florida industrial team comprised of Managing Director Thomas Kresse, Executive Managing Directors Walter Byrd and Ben Eisenberg, and Vice President Carlos Gaviria facilitated the transaction.
“Seagis invested significantly into the building since the former tenant vacated in December, and we are excited to welcome a stable tenant such as Del Valle Brands,” said Kresse. “The lease is indicative of the type of activity we have been used to seeing in Miami-Dade County amongst larger tenants.”
The free-standing building has Palmetto Expressway frontage and is ideally located at the southeast quadrant of the Palmetto Expressway and Okeechobee Road, offering ease of access to major thoroughfares for distribution throughout South Florida.
Lee Katsikos of The Katsikos Group represented the tenant in the lease transaction.