New York Investor Picks Up Oakland Park Industrial Building In Off-Market Deal
The buyer paid $8,550,000 for the asset.
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.
The tenant is the largest operator of mobility, logistics hubs, and neighborhood kitchens in the United States, Canada, and has a growing presence in Europe.
The transactions total $13.78 million.
Formerly of Marcus and Millichap, the pair has been chosen to lead the newly formed ‘ROI Partners’ (Retail, Office, and Industrial) at SVNCP.
The deal brings the park to 100% occupancy.
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