Aeronautical engineer Global Turbine Services (GTS) signed a 10-year lease for 77,900 square feet at Prologis (PLD)Beacon Industrial Park in Miami-Dade County.
The warehouse — located at 10814 NW 33rd Street, about 10 miles west of Miami International Airport — spans 115,200 square feet. The global industrial real estate investment trust purchased the property for $28.8 million in 1996, a year after it was completed. It’s now fully leased, according to George Pino, president of State Street Realty, who represented Prologis.