CBRE Senior Vice President Tom O’Loughlin and First Vice President Larry Genet arranged 3 lease deals totaling more than 67,000 square feet.
Sunair, an electronic parts supplier, will occupy a 32,000-square-foot end cap space at 3101-3199 SW 42 Street in Hollywood. The space features approximately 7,200 square feet of office space along with 4 dock doors, 1 drive-in ramp, 24’ clear ceiling heights, , according to a CBRE property flyer.
O’Loughlin and Genet represented Prologis, the landlord, in the lease transaction and were the sole brokers in the transaction.
This state-of-the-art distribution facility is conveniently located in the Fort Lauderdale/Hollywood area, with convenient access to I-95, I-595, Florida’s Turnpike and Port Everglades.
The lease deal brings the Port 95 Prologis buildings, which total 1.3 million square feet, to 100% occupied.
Lagaci Clothing has signed on for 20,000 square feet at Lakeview Center, located at 2201 Stirling Road in Dania Beach, the second largest space in the entire 210,000-square-foot project.The 100% air-conditioned space features 3,000 SF of office space, 20’ clear ceiling height, and 3 dock-high doors, according to the property flyer.
In a second deal at Lakeview Center, at 2349 Stirling Road, O’Loughlin and Genet represented GLP in a 15,295-square-foot lease deal with Modus Miami, a high-end interior design studio and home furnishings retailer. The space was recently vacated by a 15-year tenant that outgrew the space. CBRE project management, property management, alongside O’Loughlin and Genet, executed a make-ready renovation plan which resulted in a quick re-leasing of the space.
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.
