Redfearn Capital Acquires Delray Beach IOS Facility
The facility totals 13,790 square feet with almost 2 acres of outdoor storage.
The facility totals 13,790 square feet with almost 2 acres of outdoor storage.
Here are the most popular news headlines this past week on CRE-sources.
Colliers Executive Vice Presidents Michael Falk and Scott Weprin, Senior Associates Jason Weprin, Robert Dabrowski, and Associate Jonathan Temple represented the landlord, McCraney Property Company, in the deal. Managing Director and Partner David Kendall of SVN Safe Haven Advisors represented the tenant, GummyWorks, in the lease negotiations.
“The market is a shifting from a Seller’s market to a market-in-equilibrium and depending on future interest rate increases, it could shift to a Buyer’s market,” commented Osborne. “Demand is high for all asset classes and certain property types that are harder to locate and in demand and are trading quickly at top values like the 1771 S State Road 7 property.”
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.
The project is being marketed for lease by the CBRE team led by Tom O’Loughlin, Larry Dinner, and Larry Genet.
Bill Reichel with Reichel Realty & Investments handled the sale of all three properties for EML Realty Partners, which sold for a combined sales price of approximately $10 million.
Here are the most popular news headlines this past week on CRE-sources.
The closed transactions are valued at over $63 million.
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