CRE-sources’ Top 5 Most Popular Stories This Week
Read on for the most popular news headlines this past week on CRE-sources.
Read on for the most popular news headlines this past week on CRE-sources.
The acquisition comprises a single commercial building situated on 3.27 acres of land. The facility features multiple access points and excellent visibility along its expansive frontage on Powerline Road, making it an attractive option for a variety of tenants.
Colliers Executive Vice President Scott Weprin represented the tenant in the lease transaction, while CBRE represented the landlord, Prologis, in the negotiations.
Wayne Ramoski, Ivanna Leitner Perez, and Skylar Stein of Cushman & Wakefield represented the landlord in the lease negotiations. Will Falero of Pro Industrial represented one tenant while Ken Morris and Sky Groden of JLL represented another.
In this expanded role, Rodriguez will be responsible for the strategic direction and day-to-day leadership of CBRE’s Miami and Ft. Lauderdale offices. He will also continue to oversee the company’s industrial platform across South Florida.
The financing will fund construction for the new, Class A logistics facility in Davie, Florida on the 11.3-acre site formerly home to an events and catering space.
The portfolio was 93% occupied at the time of the sale by a diverse tenant mix across various industries.
Colliers’ Derek Baker, Gary A. Gottlieb, and Marc Fechter will lead leasing opportunities.
The upcoming project will encompass 235,812 square feet of industrial space, boasting a 40-foot clear height, 46 dock doors, and designated parking for 203 vehicles and 76 trailers.
EML Realty Partners owns over 50 other buildings throughout the state of Florida and multiple industrial assets located within Jupiter Commerce Park.
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