CBRE to Manage, Lease Second Phase of Large Miami Development
- Jun 07, 2017
CBRE has been selected to manage and lease a 1.4 million-square-foot portfolio at Flagler Station Phase II in Medley, Fla. The campus features Class A office, warehouse, distribution, retail and showroom space, as well as build-to-suit opportunities.
Senior Managing Director Patricia Nooney of CBRE Asset Services will lead the team in charge of the assignment, alongside Director Betsy Bullard and Real Estate Manager Sharrel Mahan. Senior Vice Presidents Devin White and David Albert are spearheading leasing efforts on behalf of the owner.
The eight-building Flagler Station Phase II is part of the nearly 14 million-square-foot Flagler Station, one of South Florida’s largest business parks developed by Flagler Global Logistics. Hernandez Construction built five Class A buildings in Phase II, ranging from 105,000 to 270,000-square-foot speculative distribution centers. The location provides access to the Florida Turnpike and Okeechobee Road and is close to Miami International Airport and Fort Lauderdale Airport along with both seaports.
“We are proud and excited to have been chosen to lead the management and leasing of the Flagler Station II portfolio,” said Nooney, in a prepared statement. “For this transition, we prepared a well-structured process that will ensure our strategy revolves around our client’s vision for Flagler Station II,” she added.
Image courtesy of Hernandez Construction