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NKF Completes Sale Of Industrial Warehouse In Medley

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Newmark Knight Frank (NKF) has completed the sale of a 69,834-square-foot freestanding industrial warehouse in Medley for $9.75 million.

BRW Floors, Inc., a high-end hardwood flooring distribution business, sold the building to Black Creek Group, a Denver-based real estate investment manager and development firm. The sale comes as investors continue to compete for a limited supply of premium industrial space currently available in South Florida due to record demand fueled by the e-commerce revolution.

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Aviation Company Inks 177,000 SF Renewal, Expansion

AAR LGS-9270 NW 100th Street

Americas Commercial Real Estate, along with Newmark Knight Frank (NKF), brokered a renewal and expansion lease totaling 177,000 square feet with AAR, a leading provider of aviation services to commercial airlines and governments worldwide, for its Landing Gear Services (LGS) business at Medley Commerce Center in Medley.

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