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| Roy Paskow |
MIAMI, FL (Nov. 17, 2015)
– A joint venture between Lincoln Property Company and a real estate fund
advised by Crow Holdings Capital Partners has completed Turnpike Park, a 136,500-square-foot industrial building located in
Miami. The first two tenants recently signed leases at the property.
SV Orchids & Potted
Supply, Inc., a subsidiary of Silver Vase, Inc., a leading grower of orchids
and bromeliads signed a 39,000-square-foot lease.
Southpoint Sportswear, LLC, a
vertical manufacturer of sportswear, outerwear and sleepwear lines that are
custom designed for retailers and manufacturers nationwide, signed a
24,440-square-foot lease. Americas Industrial Realty Corp. represented the
landlord in the transactions.
“Turnpike Park offers all
of the amenities industrial tenants are seeking, including 32-foot clear
heights, all-concrete truck courts and drive-in ramps, all in a prime location
within the Pan American North Business Park,” said Roy Paskow, senior vice president of Lincoln who oversees the
firm’s Miami office. “We anticipate the remaining space will be leased quickly
as demand for Class A buildings continues to climb.”
Turnpike Park features
52-foot by 45-foot column spacing with a 50-foot staging area, heavy
three-phase electrical power, T5 energy-efficient lighting, an ESFR fire
sprinkler system, and four dock doors per bay.
The property also offers
proximity to all major roadways, including the Florida Turnpike, Palmetto
Expressway, Okeechobee Road (US 27), Interstate 75 and the Dolphin Expressway,
as well as convenient access to MIA Cargo, Miami International Airport, Port
Miami and the entire Tri-County area.
For a complete copy of the company’s news release,
please contact:
Savannah Duncan
The Wilbert Group
404-343-0870 (O)
404-901-4433 (C)
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