CBRE Sells 22.7-Acre Industrial Service Facility ISF Megasite For $59 Million
CBRE’s Larry Genet, Tom O’Loughlin, and Noah Ohayon negotiated the sale.
CBRE’s Larry Genet, Tom O’Loughlin, and Noah Ohayon negotiated the sale.
Chris Metzger, Rick Etner Jr., Christopher Thomson, and Matt McAllister of Cushman & Wakefield’s South Florida Industrial Team represented the landlord in the lease negotiations.
The portfolio totals 895,958 square feet.
“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.”
Before joining Colliers, Pace served as a Senior Leasing Representative for Duke Realty.
Rodriguez will be based in Miami in the role of Colliers’ national director of industrial services.
The long-term lease brings Building A to 100% occupancy.
The firm, led by CEO Malcolm Butters, has been involved in developing industrial projects totaling 5 million square feet with a value of over $1 billion.
Dauerflora USA, Inc. inked a long-term industrial lease at I-595 Business Center located at 3500-3536 SW 30th Avenue in Dania Beach.
The Butters Realty & Management Industrial Brokerage Team of JC Conte, SIOR and Brian T. Ahearn, CCIM represented the interest of Challenge Warehousing, Inc. in the transaction. Tom O’Loughlin and Larry Genet with CBRE represented the Landlord, Link Logistics.
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