CRE-sources’ Top 5 Most Popular Stories This Week
Read on for the most popular news headlines this past week on CRE-sources.
Read on for the most popular news headlines this past week on CRE-sources.
The development plans include building an additional 392,000 square feet for a total of three planned state-of-the-art industrial buildings.
The sale price works out to roughly $328 per square foot.
The warehouses sit on 14.7 acres near a Publix distribution facility
The leasing activity was brokered on the tenant side by JLL. Ryan Goggins and Peter “PJ” Apol represented Sunbeam Properties & Development.
Read on for the most popular news headlines this past week on CRE-sources.
According to property records, Kurv Industrial acquired the portfolio for $219.7 million, marking South Florida’s largest industrial deal this year.
The sale marks a substantial increase in value from the portfolio’s previous trade in 2016, when it sold for $77.25 million.
The deal was handled exclusively by CBRE’s Larry Genet, Tom O’Loughlin, Michael Oretsky, Devin White, Jose Lobon and David Albert.
CBRE’s Tyler Kuhlman, Luke Hansen and C’jon Armstead represented the sellers as well as the buyer in the transaction.
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