CBRE Arranges $52.8 Million Sale Of 171,000 SF Industrial Property
This deal marks one of the largest user purchases in recent history.
This deal marks one of the largest user purchases in recent history.
The portfolio was 91% occupied at the time of sale with 21 tenants.
Read on for the most popular news headlines this past week on CRE-sources.
The development team plans to transform the site into a modern, Class-A industrial campus featuring two warehouse buildings totaling approximately 182,000 square feet.
The sale represents the largest industrial land transaction in Martin County since 2023.
Before joining Colliers, he served as a Director within Cushman & Wakefield’s Corporate Advisory Group.
Beck represented the seller in this off-market transaction, which came to fruition after three years of consistent follow-up and relationship-building.
The portfolio consists of two separate industrial parks, each featuring two dock-high front-load small bay warehouses.
Read on for the most popular news headlines this past week on CRE-sources.
The transaction was brokered by SVN | Commercial Partners’ Lydia Montaigne, along with co-brokers Michael Oretsky and Tom O’Loughlin of CBRE.
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