CBRE Senior Vice Presidents Larry Genet and Tom O’Loughlin arranged a long term, 30,465-square-foot lease deal on behalf of Ram Tool Construction Supply Company, a specialty construction supply distributor, at 1600 NW 102nd Avenue in Doral, Florida within International Corporate Park.
The deal closed March 1, 2019.
The 30,465 square foot facility includes ±8,674 square feet of existing office and is situated on a ±4.02 acre site. The new location, which was needed due to the company’s organic growth in the Miami market, is in addition to Ram’s existing facility located at 3585 NW 54th Street, another facility owned by GLP.
“It was a pleasure working with Ram Tool on our team’s second transaction with them,” commented Genet. “We were fortunate to put Ram in another GLP building in Fort Lauderdale not long ago. We continue to expand our services throughout South Florida.”
The facility features 6 dock height doors with manual pit levelers, 2 drive-in doors, 24’ clear ceiling height, with 40’x40’ column spacing and 73 parking spaces on over 4 acres with outside storage.
Steve Medwin and Nick Wigoda of Newmark Knight Frank represented owner GLP.