Waterford Corporate Center Sells For $16.9 Million
Cary Cohen, Executive Vice President of Blanca Commercial Real Estate exclusively represented the seller, Blue Lagoon Investments, LLC., in the transaction.
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Cary Cohen, Executive Vice President of Blanca Commercial Real Estate exclusively represented the seller, Blue Lagoon Investments, LLC., in the transaction.
The 100-percent-leased Deerwood Town Center is anchored by a strong-performing Fresco y Mas and Home Depot and also includes Amped Fitness, Pet Supermarket and TD Bank.
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“These two industrial assets offer an exceptional value-add opportunity in both of these booming industrial markets,” commented Alex Redfearn, Principal and Founder of Redfearn Capital. “Our team was able to secure both properties off market and execute in a challenging economic environment.”
The leases include six new-to-market tenants, two market relocations and numerous lease renewals and expansions, Laurel Oswald, Jon Blunk and Cristina Glaria of TCRE exclusively represent the landlord, Alliance HP.
Cushman & Wakefield’s Greg Miller, Scott O’Donnell, Mike Ciadella, Dominic Montazemi, and Miguel Alcivar represented both the buyer and seller in the transaction.
Bridge plans a multi-million dollar reinvestment to upgrade the facilities and rename them Bridge Point Palmetto Lakes.
Before joining Colliers, Pace served as a Senior Leasing Representative for Duke Realty.
Rodriguez will be based in Miami in the role of Colliers’ national director of industrial services.
The long-term lease brings Building A to 100% occupancy.
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