The property last traded for $39.5 million in 2010, equating to $99 per square foot.
Totaling 144,168 square feet, Building G is now 62% pre-leased. The project is currently under construction and on pace for a December 2021 completion.
The Florida native brings nearly a decade of experience to Bridge, along with a knack for sourcing off-market transactions.
Jonathan’s first few years in the business have resulted in securing numerous listings, multiple closed sales representing both sellers and buyers, successful representation of landlords in leasing medical, office, and warehouse spaces, and successful tenant representation assignments. He has since assisted in the development of the Berger Industrial Team which primarily focuses on flex and industrial properties.
The buyer paid $8,550,000 for the asset.
The deals are valued at over $25 million.
The 56,072-square-foot building is located within Miramar Park of Commerce.
The Cushman & Wakefield team was comprised of Matthew G. McAllister, Chris Metzger, Richard F. Etner Jr., and Christopher Thomson. Pete Sheridan of JLL represented the building’s owner, Prologis.
Conte, Ahearn and Butters exclusively represented the interest of the owner in the transaction.
The new division will focus on identifying infill speculative and industrial build to suit opportunities in the State of Florida and opportunistically in other key logistics markets.
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