88k‑sq‑ft export lease inked
What happened
An export logistics operator signed an 88,000 sq ft lease in Hialeah through 2031, showing tenants will take multi‑year space when flexibility and operational fit exist. The deal underlines continued appetite for long‑dated logistics commitments even amid broader economic caution. (stocktitan.net)
Why it matters
The transaction was executed at Countyline Corporate Park — specifically Building 25 within Terreno’s Countyline campus in Hialeah. (morningstar.com)) Terreno negotiated an early termination with the incumbent tenant that had a lease scheduled to run through August 31, 2026 to clear the space for the incoming occupier. (morningstar.com)) Occupancy for the incoming operator is scheduled to commence on July 1, 2026. (morningstar.com)) The Countyline campus has seen a string of recent commitments, including a pre-lease announced December 23, 2024 that took 50% of Phase IV Building 32 for an aircraft engine maintenance, repair and overhaul provider. (investors.terreno.com)) Building 32’s shell was completed January 2025 and is a 164,000-square-foot, 36-foot-clear-height rear‑load building with 53 dock-high positions and two grade-levels; Building 34 is a 220,000-square-foot, 36-foot-clear-height rear‑load building with 70 docks and was reported 100% leased as of Terreno’s September 2025 update, with Phase IV entitled for roughly 2.2 million square feet at buildout. (businesswire.com)) Terreno reaffirmed its footprint across six major coastal U.S. industrial markets — New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C. — in the company release announcing the Hialeah activity. (morningstar.com))
Key numbers
- An export logistics operator signed an 88,000 sq ft lease in Hialeah through 2031, showing tenants will take multi‑year space when flexibility and operational fit exist.
- (stocktitan.net) The transaction was executed at Countyline Corporate Park — specifically Building 25 within Terreno’s Countyline campus in Hialeah.
- (morningstar.com)) Terreno negotiated an early termination with the incumbent tenant that had a lease scheduled to run through August 31, 2026 to clear the space for the incoming occupier.
- (morningstar.com)) Occupancy for the incoming operator is scheduled to commence on July 1, 2026.
What happens next
- (morningstar.com)) Terreno negotiated an early termination with the incumbent tenant that had a lease scheduled to run through August 31, 2026 to clear the space for the incoming occupier.
- (morningstar.com)) Occupancy for the incoming operator is scheduled to commence on July 1, 2026.
- (morningstar.com)) An export logistics operator signed an 88,000 sq ft lease in Hialeah through 2031, showing tenants will take multi‑year space when flexibility and operational fit exist.
Quick answers
What happened in 88k‑sq‑ft export lease inked?
An export logistics operator signed an 88,000 sq ft lease in Hialeah through 2031, showing tenants will take multi‑year space when flexibility and operational fit exist. The deal underlines continued appetite for long‑dated logistics commitments even amid broader economic caution. (stocktitan.net)
Why does 88k‑sq‑ft export lease inked matter?
The transaction was executed at Countyline Corporate Park — specifically Building 25 within Terreno’s Countyline campus in Hialeah. (morningstar.com)) Terreno negotiated an early termination with the incumbent tenant that had a lease scheduled to run through August 31, 2026 to clear the space for the incoming occupier. (morningstar.com)) Occupancy for the incoming operator is scheduled to commence on July 1, 2026. (morningstar.com)) The Countyline campus has seen a string of recent commitments, including a pre-lease announced December 23, 2024 that took 50% of Phase IV Building 32 for an aircraft engine maintenance, repair and overhaul provider. (investors.terreno.com)) Building 32’s shell was completed January 2025 and is a 164,000-square-foot, 36-foot-clear-height rear‑load building with 53 dock-high positions and two grade-levels; Building 34 is a 220,000-square-foot, 36-foot-clear-height rear‑load building with 70 docks and was reported 100% leased as of Terreno’s September 2025 update, with Phase IV entitled for roughly 2.2 million square feet at buildout. (businesswire.com)) Terreno reaffirmed its footprint across six major coastal U.S. industrial markets — New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C. — in the company release announcing the Hialeah activity. (morningstar.com))
