U.S. HISPANIC
Cisneros Media: The 15-year leaseback allows us to continue operating in the facility under the same structure as always
Maribel Ramos-Weiner| 4 de julio de 2017
Jonathan Blum, president of Cisneros Media
On behalf of Venevision Studios LLC, Binswanger announced the sale leaseback of their state-of-the-art 119,008 sq. ft. office/studio/warehouse facility on 4.41 acres. The building is located at 7321 NW 75th Street in Medley, Florida.
The building was purchased by GPT 75th Street Owner LLC with a 15-year NNN fully bondable leaseback to Finser Corporation, a company that provides administrative services to Cisneros. Founded in 1929, Cisneros is a global enterprise focused on media & entertainment, digital advertising, real estate and social leadership.
“This transaction represents a portion of a larger investment strategy on behalf of Cisneros Media. Funds from this transaction will be invested in the development of international distribution and production platforms for the Hispanic market in the U.S. and Latin America. The 15-year leaseback allows us to continue operating in the facility under the same structure as always,” said Jonathan Blum, president of Cisneros Media.
Constructed in 1971 and 1979 with subsequent renovations, the building contains a state-of-the art television studio with ancillary support areas and corporate offices. The property is located in the town of Medley near the intersection of NW 75th Street and NW 72nd Avenue.
Pedro J. Garcia, SIOR, principal in Binswanger-Gateway’s Miami office and Andrew Harris, SVP in Binswanger’s New York office handled the transaction for Venevision Studios LLC.
Headquartered in Philadelphia, Pennsylvania, Binswanger is an international full-service real estate organization with offices worldwide throughout the United States, Canada, Latin America, Europe, the Middle East, and Asia.
Diario de Hoy
Noticias relacionadas (19)
5 de enero de 2016
14 de abril de 2015
Cisneros Media appoints Wilma Maciel as VP, Content Management & Acquisitions
20 de enero de 2015
16 de diciembre de 2014
Cisneros Media rebrands its Miami-based production facilities under the name of Cisneros Studios
26 de noviembre de 2014
Cisneros Media: We have a good opportunity with the library of classic products of Venevisión
