Panattoni Development Company has selected Newmark Knight Frank (NKF) as the exclusive leasing agent for a new industrial project in Miami. The 800,000 square foot development, Eastview Commerce Center, will rest on an 80 acre tract of land on the former Westview Country Club. The first three speculative buildings, totaling 360,000 sqf, will be constructed simultaneously and can accommodate tenants from 25,000 to 150,000 sqf. Located at 2290-2398 NW 119th Street, the new facility will feature
32’ clear ceiling height, dock and street loading, shared and private truck courts and quick access to I-95, I-75, and the Palmetto Expressway (SR-826). Panattoni is set to break ground by the end of this summer and deliver the first three buildings during the summer of 2018. Executive Managing Directors Nick Wigoda, SIOR and Steve Medwin, CCIM, SIOR of NKF will lead marketing and leasing efforts
“We had been looking to acquire a well-located, large site in Miami to achieve a long term, scale investment, and we are pleased that Nick and Steve were able to bring this opportunity to us. We are excited to get started with our first speculative development in the Miami-Dade County market,” said Hayne Hamilton, senior development manager at Panattoni.