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Week of November 9, 2000 |
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Revlon subsidiary signs major lease in Lakes park By Marilyn BowdenGeneral Wig Manufacturers, a licensee of Revlon, has leased 45,000 square feet at Lakes Corporate Park, a 35-acre industrial park under development by The Easton Group in Miami Lakes. The company will be housed in a 120,000-square-foot building that will break ground next month, said Easton President and COO Richard Nash. He said Advo Direct Marketing signed earlier for a little more than 100,000 square feet in a 150,000-square-foot building slated to be finished in January. Both companies are expanding from other facilities in Miami Lakes, Mr. Nash said. "We were able to secure and retain them within the county," he said, "and avoid the prospect of losing them to another jurisdiction." A third lease is about to be executed that would account for another 57,000 square feet, he said. The park, on 57th Avenue south of the Palmetto Expressway, will eventually have 550,000 square feet of industrial space, Mr. Nash said, with 70,000 square feet of street-level office and showroom space — 30,000 square feet of which is pre-leased. "In the balance of the park," he said, "we have 10 acres of land on lakefront property capable of being developed as either dock-high distribution, flex, office or showroom space — or other build-to-suit requirements." He said Easton is looking for warehouse and distribution users and can also convert space to high tech use. "We would be very inclined to accommodate them," he said. "The beauty of this project is it can accommodate industrial users, high tech users or operations centers because we have adequate parking and large, open floor plates." He quoted the parking ratio at about four spaces per 1,000 square feet. With the Advo building nearing completion, Mr. Nash said, interest in Lakes Corporate Park has grown. "When a project of this nature breaks ground," he said, "the general public can't really understand what it will look like when it's finished. "So with our flex-space being finished, activity is breeding activity for us right now.
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