AMG Global Distribution pre-leases 50% of the building
Liberty Property Trust will not only open the new Miami International Tradeport Building C this month, it will do so 50-percent pre-leased. Long-time Liberty tenant, AMG Global Distribution, Inc. will more than triple its space at Miami International Tradeport.
“Miami International Tradeport continues to offer tremendous opportunities to tenants that are seeking larger spaces in newer buildings,” said Andy Petry, vice president and market officer, Liberty Property Trust. “The central location, projected energy savings, state of the art construction and design and prominent signage are proving very attractive, and we are looking forward to fully developing the park to meet the demonstrated need for this level of space.”
The 159,180 square foot building has been designed to meet LEED certification. It provides energy saving elements such as high-set clear-story windows to let in natural light and efficient T-5 lighting throughout the warehouse. The building offers 32’ clear height, 50 x 54-foot column spacing and forty-six dock high overhead doors plus two oversized doors with ramps. There is a 200-foot shared truck court and plentiful parking.
AMG Global Distribution, Inc is consolidating operations from multiple locations to relocate into 79,590 square feet in Building C.
“Our business has grown tremendously in the past few years and we definitely needed more space, but we did not want to leave Miami International Tradeport. Its central location and Class A design have more than met our needs,” said Andres Gonzalez Chief Executive Officer of AMG Global Distribution, Inc. “When the opportunity to take space in the new building became available, we pursued it because it was best for our company, customers and employees. Additionally, the fact that Liberty is continuing to develop the area with additional buildings was a contributing factor, as we anticipate continued growth for our company.”
Patrick O’Hare of Florida Corporate Realty, Inc. represented the tenant in the transaction and Peter Sheridan of Liberty Property Trust represented the developer.
About Liberty Property Trust
Liberty Property Trust (NYSE:LPT) is a leader in commercial real estate, serving customers in the United States and United Kingdom through the development, acquisition, ownership and management of superior office and industrial properties. Liberty's 98 million square foot portfolio includes 558 properties which provide office, distribution and light manufacturing facilities to 1,200 tenants.
