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.
Larry W. Genet is a Senior Vice President in the CBRE, Inc. Miami, FL office. As part of the CBRE platform Mr. Genet can provide a wide range of services from local to Fortune 1000 clients including agency and tenant representation, asset or portfolio management, high level logistics, labor and data analytics prior to site selection, project/construction management, capital markets, owner user sales and valuation advisory services. CBRE is the global leader for real estate services worldwide.
Larry has extensive experience in landlord agency, tenant representation, acquisitions, dispositions and property management. As a third-generation commercial real estate professional and South Florida native, Larry boasts deep community ties, an intimate knowledge of the South Florida market and numerous professional contacts. Larry’s leasing expertise of industrial, office, land, retail and medical properties coupled with his experience in acquisitions and dispositions gives him the ability to represent a myriad of clients in the South Florida market. Additionally, Larry controls a portfolio of 13.5 million square feet allowing him to see every deal in the market. This ensures his clients never miss an opportunity. His knowledge of tenants and buyers in the market is top notch and when coupled with his team's vast portfolio, it's a winning combination.
