CBRE has arranged a lease for Lysium Labs, a leading creator, manufacturer and marketer of high-quality hair and skincare products, at the SLF Development Building located at 3400 Gateway Drive in Fort Lauderdale. Lysium Labs, presently located at 7911 NW 54th Street in Doral, Florida, will expand by ±18,702 square feet to occupy 28,702 square feet in a long-term lease with the building’s owner, SLF Development, LLC. CBRE’s Associate Larry Genet, Vice President Tom O’Loughlin and Senior Vice President Harry Tangalakis represented the owner in the transaction and were the sole brokers involved. The building is now 100% occupied with three long-term credit tenants.
“Lysium Labs needed room to expand its operation as their business continues to grow nationally,” explained Larry Genet. “This transaction was a huge success for our client, Lysium, who plans to immediately occupy the building allowing ownership to continue operations without interruption. The transaction is also a victory for the Pompano Beach submarket with another high-tech manufacturer moving into the area. The space was essentially pre-leased.”
The SLF Development Building is one of the few manufacturing facilities with ±5,000 AMPS and 480 volts of power, as well as both dock- and grade-level loading. The building features a beautiful lake view, full drive-around access and plenty of well-appointed office space. The warehouse includes 19’ ceilings, 30’x33’ column spacing and is 100% air-conditioned.
“The large amount of existing infrastructure at the property, a proactive owner and our team’s ability to find a tenant that could take advantage of what the building had to offer is what made this deal happen,” stated Genet. Please click to view the team’s website.
About Lysium Labs, LLC.
Lysium Labs is a creator, manufacturer and marketer of high quality hair and skincare products. Lysium Labs utilizes the newest most effective ingredients in our formulations. All products are developed from inception in our own laboratory. Our brands are designed to solve a specific consumer problem and are tested extensively before entering the marketplace. At Lysium Labs we have designed and built a state of the art manufacturing facility which enables us to control the quality and availability of our brands. Today consumers can style their hair with CURLY TWIRLS and replenish their skin with KARELEN Body Butters. www.lysiumlabs.com
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com.
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