Seabord Marine has signed a 10-year lease renewal for a 267,400-square-foot warehouse at a port in Medley, Fla., adding an expansion for 64,000 square feet.
“Following a long-standing relationship with the landlord, we worked closely with Seaboard Marine and Prologis to strike a deal that would meet Seaboard’s near- and long-term expansion requirements and operational needs,” stated Jones Lang LaSalle Senior Vice President, Jonathan Kingsley, who represented Seaboard Marine. “This transaction ensures Seaboard’s continued presence in Medley, while creating positive absorption of leasable space for Miami-Dade’s industrial market.”
Seaboard Marine said it has occupied about 200,000 square feet of industrial space in Medley for more than 20 years.
Seaboard Marine expands in Florida
