Representing the Park in both transactions were Ryan Goggins and Peter Apol of Sunbeam Properties and Jonathan Kingsley of Colliers. John Marshall of JLL represented one of the tenants.
Last week, I called my contact in Tallahassee and confirmed that my interpretation was correct.
Chris Metzger of Cushman & Wakefield’s South Florida Industrial Team led the negotiations and represented the landlord, EastGroup Properties, in the deal.
For over four decades, he has actively excelled in the commercial real estate industry, gaining knowledge and expertise across retail, office, medical leasing, land assemblage, acquisitions/dispositions, and development.
Amanda Montanez and Tom Capocefalo of Savills represented the buyer, BF Aerospace, in the Sunrise building transaction.
The property consists of two conjoined 7,000-square-foot buildings situated on a 36,423-square-foot lot.
VSRE has also been contracted to develop apartment buildings, retail, and offices.
The project is being marketed for lease by the CBRE team led by Tom O’Loughlin, Larry Dinner, and Larry Genet.
The company began as a property management firm and remained solely focused on property management for the first years. Now, as one of the largest independently owned and operated commercial real estate brokerage and property management firms in South Florida, the company has grown to 45 employees with two offices in two counties, currently averaging approximately 300 brokerage transactions each year for a total volume of roughly $400 million.
The committee will assist in shaping the company’s strategy and direction, provide market guidance and expertise, review investment opportunities, and offer important perspectives and feedback.