Food distribution company Quirch Foods has a lease signed through 2042 with two renewal options for 10 years each. The deal breaks down to $337 per square foot for the 176,699-square-foot building completed in 2021.
The firm’s recent acquisitions, including the mixed-use building in Doral, demonstrate a keen eye for strategic investments that promise high returns. As the South Florida industrial market continues to flourish, EQT Exeter is well-positioned to capitalize on emerging opportunities.
As part of the acquisition of Lawson, an aluminum doors and windows manufacturing company, Pella Windows & Doors paid $45 million for a 270,000-square-foot industrial building located at 8401 and 8501 Northwest 90th Street in Medley.
Blackstone sold the Medley warehouse to Prologis for as part of a larger portfolio deal. Built on an 8.8-acre site in 2013, this is the first time the Pan American North Business Park has sold.