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Miami, FL — The Easton Group has started construction on a 127,150 square-foot warehouse/distribution facility in Doral, Florida.
The
$20 million project is planned for a seven-acre parcel within International
Corporate Park (ICP), a 300-acre Class A industrial park developed by
Easton.
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| Edward W. Easton |
The 1500 NW 97th Ave. property is the last significant vacant site for industrial use within ICP.
“Based on the current demand for quality
warehouse space, driven mostly by ecommerce, we think the timing is right to
bring new product to the market,” said Edward W. Easton, chairman of The
Easton Group. “With rising lease rates and shrinking inventory, it just makes
sense.”
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| Dalton Easton |
The building is designed for 30-foot clear height, 42 dock-height doors and 140 parking spaces. The asking rent is $9.95 per square foot net.
ICP, which is near 100 percent occupancy, is ideally located in central Doral with easy access to PortMiami and Miami International Airport.
The new warehouse/distribution center
will front busy Northwest 97th Avenue providing exceptional visibility.
“We have been talking to a number of companies who love the location and are very interested in taking the space,” said Dalton Easton, an associate with Easton & Associates who will handle leasing along with Tom Kimen, a vice president. “We have the flexibility to bring in a single user or to divide the building into several bays for multiple tenants.”
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| Tom Kimen |
About The Easton Group:
Edward W. Easton is founder and chairman of The Easton Group, a family-owned, boutique commercial real estate firm with over 45 years of experience and an exceptional track record.
The group is broken down into four
business units consisting of commercial real estate investment, development,
brokerage, and property management. The Easton Group is
headquartered at International Corporate Park in Doral, Florida.
CONTACT:
Todd Templin
Executive
Vice President
BoardroomPR
954-370-8999/954-290-0810
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