Industrial Portfolio Trades For $162 Million
The Class A infill industrial portfolio consists of seven buildings totaling 677,789 square feet.
The Class A infill industrial portfolio consists of seven buildings totaling 677,789 square feet.
Matthew McAllister and Chris Metzger of Cushman & Wakefield represented the landlord.
With over 35 years of experience, he has participated in all aspects of commercial real estate, including development, property management, brokerage, receivership, and banking.
Senior Vice Presidents Keith R. Graves, CCIM, SIOR and Jonathan Thiel of Berger Commercial Realty played a pivotal role in negotiating and executing this transaction for Prologis.
Hillsboro Technology Center is a co-development between Bristol Group and Butters Realty & Management and is situated on 75 acres at the northeast quadrant of Interstate 95 and Hillsboro Boulevard in Deerfield Beach.
Jeffrey Cebula, Senior Associate of the firm’s Tenant Representation Division, finalized the lease transaction on behalf of the tenant.
The ten-year lease is expected to commence in November 2023 upon completion of tenant improvements.
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.
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