Franklin B. Morrison Negotiates Sale Of Small Bay Warehouse Building To Investor
Morrison negotiated the sale on behalf of the sellers.
Morrison negotiated the sale on behalf of the sellers.
Here are the most popular news headlines this past week on CRE-sources.
“As Port Everglades Distribution Center was nearing completion, Challenge Warehousing initially agreed to terms to lease half of the new building. Within one month of leasing 41,099 square feet, Challenge won some new customers and they quickly decided to lease the entire building,” explained Conte.
Butters Realty & Management office team of Caroline Fleischer, Darcie Lunsford and Sky Butters represented the tenant.
CBRE’s Larry Genet, Tom O’Loughlin, and Noah Ohayon negotiated the sale.
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.
“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.”
Bridge plans a multi-million dollar reinvestment to upgrade the facilities and rename them Bridge Point Palmetto Lakes.
The long-term lease brings Building A to 100% occupancy.
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