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.
Ares Management made a $62 million double play in South Florida’s industrial market, picking up a pair of Hialeah warehouses under construction. An affiliate of the Los Angeles-based global alternative investment manager paid $37 million for a 9.6-acre site at 410 West 104th Street, and $25 million for an adjacent 10.2-acre parcel, according to records.