The Cushman & Wakefield South Florida Industrial Team – Christopher Thomson, Alex VanDresser, Rick Etner, Chris Metzger and Matt McAllister – represented the landlord, Cabot Properties, in the lease negotiations.
The asset sold for $3,000,000.
The property was listed on November 16, under contract December 12 and closed on February 26 at 93.3% of list price.
Here are the most popular news headlines this past week on CRE-sources.
Hernandez Development , along with development partners Stiles, Merrimac Ventures and JL Capital and Management, have recently completed the 130,852-square-foot self-storage facility with ground floor retail in Fort Lauderdale.
One deal marks the 6th closed industrial sale over the last 100 days totaling over $40 million for State Street Realty’s Frank Trelles and Jason.
The project is on a fast-track for completion in the second quarter of 2021.
The newest team member will help as part of Berger’s investment sales, land brokerage and acquisitions and dispositions services for both corporate clients and private investors.
Here are the most popular news headlines this past week on CRE-sources.
The lease is valued at $1.7 million.