JLL Closes Sale Of Fully Leased Fort Pierce Industrial Property
The 211,547-square-foot industrial facility is situated on 12.71 acres.
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The 211,547-square-foot industrial facility is situated on 12.71 acres.
Built in 1995, the warehouse was previously owned by Cabot Properties, which acquired it in 2019 for $33 million.
Beck represented the seller, Midtown Capital, led by Zach Fox, in the sale. The property was acquired by Adler Properties.
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The 25-acre property will soon feature three state-of-the-art buildings ranging from 60,000 to 300,000 square feet.
Colliers’ South Florida Investment Services Team represented the seller in the sale of the ±77,852-square-foot mixed-use property.
He joins Cushman & Wakefield from Berkadia and has more than 20 years of experience in Florida commercial real estate.
Before joining Transwestern, he served as Executive Managing Director and Principal at Colliers, overseeing approximately 400 professionals while leading Atlanta’s operations and partnership.
The sales closed on consecutive business days.
Stream’s Managing Directors and Executive Vice Presidents Nick Wigoda and Steve Medwin will lead the leasing efforts on behalf of ownership.
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