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| Christopher Thomson |
RIVIERA BEACH, FL - Cushman & Wakefield announced today
that is has assisted Cabot Properties in leasing 23,471 square feet at its Lewis
Terminals Distribution Center in Riviera Beach, Florida.
Senior Director Christopher Thomson and Associate
Director Matthew McAllister represented Cabot in securing a lease with
Zenith Freight Lines, LLC. Zenith provides efficiency and supply chain
solutions to the home furnishing industry.
The firm is
headquartered in Conover, North Carolina. The Lewis Terminals location will
serve as a home delivery hub. Zenith is expected to open a second Florida
location in Orlando later this year.
Lewis Terminals, located at 1301 West 13th Street, is
a 47,156-square-foot flex facility built in 2008. The space and its location
proved to be an excellent match for Zenith’s needs.
“Riviera Beach is a great logistics hub for distribution
companies looking to service the entire South Florida market,” explained
McAllister. “Easy access to major transit arteries and the Port of Palm Beach
are ideal for this type of use.”
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| Matthew McAllister |
Michael Falk & Company represented Zenith.
Cabot Properties is a private equity real estate investment
firm which invests, devleops, and operates industrial properties throughout
North America and the United Kingdom.
Formed in 1986, Cabot has invested $5.2
billion in industrial real estate, managing and operating approximately 1,800
tenants in more than 125 million square feet.
Cushman & Wakefield advises and represents clients on
all aspects of property occupancy and investment.
Founded in 1917, it has 248
offices in 58 countries, employing more than 16,000 professionals.
It offers a
complete range of services to its occupier and investor clients for all
property types, including leasing, sales and acquisitions, equity, debt and
structured finance, corporate finance and investment banking, appraisal,
consulting, corporate services, and property, facilities, project and risk
management.
For a
complete copy of the company’s news release, please contact:
Christopher Thomson, SIOR
Senior Director
(561) 227-2020
Matthew G. McAllister
Associate Director
(561) 227-2018
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