Utility Service Contractor Inks 41,000-SF Industrial Lease
The transaction was brokered by SVN | Commercial Partners’ Lydia Montaigne, along with co-brokers Michael Oretsky and Tom O’Loughlin of CBRE.
The transaction was brokered by SVN | Commercial Partners’ Lydia Montaigne, along with co-brokers Michael Oretsky and Tom O’Loughlin of CBRE.
Joseph Byrnes, Senior Vice President with Berger Commercial Realty, represented the seller in the deal.
The 124,500-square-foot property consists of two rear-load buildings completed in 2021.
Tyler Kuhlman with CBRE Capital Markets in Boca Raton represented the buyer and seller in the transaction.
The property was managed by Benjamin J. Genet of Tamarac-based Genet Property Group.
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The buyers plan to redevelop the site into a modern industrial campus comprising two Class-A warehouse buildings totaling approximately 182,000 square feet.
CCRE services a wide range of asset types, including single-family, multifamily, office, retail, mixed-use and hospitality in Miami-Dade, Broward and Palm Beach counties.
Both professionals will report to Chris Drew, Senior Managing Director and Miami Office Head.
The seller was represented in the transaction by Berger Commercial’s experienced team comprised of Senior Vice President Keith Graves, SIOR, CCIM, Sales Associate Daniel Forman, Senior Vice President Jonathan Thiel, and Vice President Lawrence Oxenberg.
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