The lease deal marks an increase of 122,794 square feet for the the company and its subsidiary. Combined, they now occupy a combined total of 166,794 square feet across three locations within the Park.
The portfolio is strategically located across key industrial hubs, totaling 40,606 square feet of RBA and sitting on 6.3 acres.
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Native has more than tripled its number of brokers in the past year. The firm is actively interviewing senior commercial real estate brokers in Broward and Palm Beach counties.
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The asset traded for $21.5 million.
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Krasnow will be based in the firm’s Boca Raton office and specialize in providing advisory services for local public sector entities and higher education institutions.
JLL’s Seniors Housing Capital Markets team procured the buyer, AEW Capital Management, and secured the three-year acquisition loan through Capital One Bank on behalf of the buyer.
Joseph Hamam joins First State Bank with an extensive track record of success in commercial lending in the South Florida area helping businesses of all sizes secure the financing they need to grow and thrive.