CRE Firm Facilitates Expansion & Relocation Strategy
March 10, 2022
MIAMI – Transwestern Real Estate Services (TRS) announces its South Florida industrial team negotiated a new 48,723-square-foot industrial lease for Trulite Glass & Aluminum Solutions at 14300 Palmetto Frontage Road in Miami Lakes, Florida. Transwestern’s Carlos Gaviria, Walter Byrd, Ben Eisenberg and Thomas Kresse represented the tenant in the transaction.
“Trulite has seen tremendous growth. The company outgrew its current facility in Medley and needed a new home with the flexibility to meet the company’s future needs in South Florida,” said Gaviria, Vice President at Transwestern.
A leading architectural glass and aluminum fabricator, Trulite distributes and manufactures architectural aluminum, insulated units, mirrors, tempered, laminated and decorative glass throughout the U.S. and Canada. The new location will support Trulite’s aluminum fabrication and delivery services for the Florida market.
According to Transwestern research, Miami’s industrial real estate market continued to expand significantly during 2021, experiencing historical demand as occupancy increased by 5.7 million square feet, the highest calendar year total on record. The amount of industrial space absorbed during the second half of 2021 surpassed the entire total for every year from 2017 to 2020.
Vivo Group represented the landlord in the lease.
About Trulite Glass & Aluminum Solutions
Trulite Glass & Aluminum Solutions is one of North America’s largest independent architectural glass and aluminum fabricators. Trulite distributes and manufactures architectural aluminum, insulated units, mirrors, tempered, laminated, and decorative glass from their thirty-three production facilities throughout the U.S. and Canada.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. Through an integrated, customized approach that begins with good ideas, the firm drives value for clients across commercial real estate services, development, and investment management. Operating from 33 U.S. offices, Transwestern extends its platform capabilities globally through strategic alliance partners whose unique geographic, cultural, and business expertise fuels creative solutions. Learn more at transwestern.com and @Transwestern.