The first quarter of 2017 was dominated in Broward County by two large new deals being completed in the Miramar submarket, while the other submarkets report relatively muted activity.
One of these large deals was Apotex Pharmaceuticals paying IDI Gazeley a record price for a 304,000 SF building in Miramar Business Centre. The price equates to around $165 PSF, which is well above the previous high watermark paid by a user for a building of this size in Broward.
Our team along with Larry Dinner of CBRE represented IDI Gazeley in the off-market transaction.
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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.
