Butters’ Tom Hotz Closes Sale Of 26,000-SF Freestanding Office/Warehouse Building
The buyer, a local roofing and construction contractor, purchased the 1996-built facility for $4.5 million.
The buyer, a local roofing and construction contractor, purchased the 1996-built facility for $4.5 million.
The warehouse has 71,000 square feet of space available for lease for $7.25 per square foot, according to an online listing.
Here are the most popular news headlines this past week on CRE-sources.
Commercial real estate veterans Todd H. Weaver and Franklin B. Morrison have joined forces to launch Weaver Morrison Commercial Real Estate.
The Silverman Group, based in New Jersey, purchased the site from FLF Holdings and plans to develop the site for large bulk warehouse distribution tenants.
Shane Decker, who oversees Decker Capital, Inc., joint-ventured with a prominent 33-year-old Miami insurance litigation attorney and real estate investor Brett Schlacter and Mindful Capital, an industrial powerhouse operator led by its President, 32-year-old Patrick Carney.
Upon completion, the project will comprise up to 2.5 million square feet of logistics space spread over as many as 13 buildings.
Here are the most popular news headlines this past week on CRE-sources.
Marketing materials for the second phase show that nearly 300,000 square feet at two of the future buildings is still available. The third, a 78,377-square-foot project, has been preleased.
Newmark’s Executive Managing Directors Steve Medwin and Nick Wigoda and Associate John Mejia represented the landlord, Panattoni Development, and the tenant in the transaction.