March 27, 2020
Conshohocken, PA-based Seagis Property Group signed a new, long-term industrial lease totaling 125,976 square feet with Del Valle Brands at 8150 NW 76th Ave. in Medley, FL. The brand development and distribution company will occupy the entire asset.
The free-standing building at 8150 NW 76th Ave. has Palmetto Expressway frontage and is ideally located at the southeast quadrant of the Palmetto Expressway and Okeechobee Road, offering ease of access to major thoroughfares for distribution throughout South Florida.
The Katsikos Group’s Lee Katsikos represented the tenant. Transwestern Real Estate Services’ Thomas Kresse, Walter Byrd, Ben Eisenberg, and Carlos Gaviria spoke for the landlord.
Kresse says, “Seagis invested significantly into the building since the former tenant vacated in December, and we are excited to welcome a stable tenant such as Del Valle Brands. The lease is indicative of the type of activity we have been used to seeing in Miami-Dade County amongst larger tenants.”
For comments, questions or concerns, please contact Dennis Kaiser