Warehouse Distributor Carbel Signs 360K SF Lease at First Park Miami
The developer of a large industrial park near Doral, Fla., has just locked down its first major tenant.
Warehouse distribution company Carbel signed a 368,287 square-foot lease at First Park Miami, in a deal announced by CBRE, which represented the owner, First Industrial Realty Trust.
The 126-acre complex, currently under construction, will comprise four buildings with 2.5 million square feet of logistics space. Located at 8801 NW 87th Avenue, the property sits on the outskirts of Miami-Dade County near the American Wood Stork Lake in Doral.
Warehouse distributor Carbel will take over two buildings, which are scheduled to open in the fourth quarter of 2021 and late 2022, respectively.
With locations in Miami and New York City, Carbel provides warehousing, distribution and transportation services for other companies.
The landlord, Chicago-based real estate investment firm First Industrial Realty Trust, specializes in warehouses and its portfolio includes properties across the country.
CBRE’s Devin White, David Albert and Andrew Fernandez represented First Industrial Realty, while Luis Marquez of Synergy Industrial Partners represented the tenant. Marquez did not immediately respond to comment.