San-Francisco-based Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has executed a lease for 301,983 square feet at its 215 10th Avenue property in Hialeah with a manufacturer and distributor of custom retail fixtures.
The lease commenced March 1, 2015 and expires January 2026.
Jose I. Juncadella, SIOR, Principal at Fairchild Partners, Inc., represented the landlord in the deal.
The building is the former headquarters for sugar firm Banah International Group Inc. In February 2013, Terreno filed an eviction notice against the 300,000 square foot tenant, however, in March 2013, U.S. Bankruptcy Judge A. Jay Cristol ruled that Banah could remain at the facility while the company continued working toward bankruptcy reorganization, as long as the company paid its monthly rent of $88,891 on time, according to bankruptcy court records.