CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
Butters Industrial Team Complete 52000-SF Lease Transaction At Hillsboro Technology Center
Fuse Specialty Appliances expanded from 18,650 square feet in Building F to 51,837 square feet into the newly constructed Building H.
Stonemont Launches Construction On 1.1 MSF Industrial Development On Florida’s Treasure Coast
Known as South Florida Logistics Center 95, the park is expected to lure tenants from nearby Palm Beach and Broward counties due to competitive rent rates, a cheaper cost of living for workers and a world-class logistics and transportation network that places users within three hours of 70% of the state’s population.
Cypress Pointe Distribution Center Reaches 100% Occupancy With Two Leases Totaling ±153,495 Square Feet
CBRE’s Mike Oretsky, Tom O’Loughlin, and Larry Genet and Berger Commercial’s Jonathan Thiel and Keith Graves represented the tenants in the lease deals.
Cushman & Wakefield Negotiates EverWest’s $58.25M Acquisition Of South Florida Industrial Building
The purchase price amounts to $234 per square foot.
Former Miami Rescue Mission Building Trades In Off-Market Deal, Creating One Of The Largest Contiguous Sites In Wynwood
The building is located adjacent to Soho Studios, a 45,000-square-foot creative event space, on a 68,000-square-foot lot located at 2136 NW 1st Ave, which is also owned by The Faith Group.
Avison Young Appoints New Managing Director, Principal Overseeing Florida Region, Will Succeed Pike Rowley
Rowley has successfully overseen the growth of Avison Young’s Florida region for the past 9 years.
Cushman & Wakefield Arranges $14.75 Million Industrial Property Sale In Miami Airport Submarket
Cushman & Wakefield’s Wayne Ramoski and Miguel Alcivar represented the seller, DFJ Properties West, LLC, in the transaction.
BREAKING: Bridge Acquires Pompano Industrial Campus For $46.25M, Launches National Value-Add Strategy
The three-building industrial campus totals 336,852 square feet.
CBRE’s O’Loughlin, Genet and Oretsky Bring Prologis’ South Broward Portfolio To 100% Occupied
Prologis has approximately 2,855,360 square feet in Southern Broward County. This final deal brings the park to 100% occupancy and reporting record rents.