“Both of these properties are a classic value add where current rents are below market, purchase price way below replacement cost, short-term leases and some capital improvements to maximize the increase in value,” added Levitt. “It is very hard to find value add industrial properties in Florida and we are looking forward to rolling up our sleeves to make this a great long-term investment.”
Here are the most popular news headlines this past week on CRE-sources.
The transaction represents the sixth that Ron Osborne has completed with this buyer.
Here are the most popular news headlines this past week on CRE-sources.
TrueCoverage, LLC, an insurance marketplace that delivers affordable health insurance from over 600 top insurance company partners, will occupy the space.
Here are the most popular news headlines this past week on CRE-sources.
Leveraging his deep expertise in private equity, real estate and capital markets, Green has facilitated transactions totaling over $500 million throughout his career. He now takes the helm to accelerate Terra Energy’s U.S. expansion strategy.
Here are the most popular news headlines this past week on CRE-sources.
Here are the most popular news headlines this past week on CRE-sources.
Anticipated to be completed in June 2024, this new roadway will significantly improve accessibility across the city and provide direct access to Bridge Industrial’s newest state-of-the-art South Florida logistics park: Bridge Point Doral.