The JLL Capital Markets team representing the seller was led by Director Max La Cava, Senior Managing Director Brian Shanfeld, Managing Directors Jason Dewitt and Luis Castillo and Vice President Steven Okon.
The portfolio is comprised of 20 buildings
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She will champion the growth of the investor services business for Avison Young in the United States and concentrate her efforts on building and fortifying the firm’s network of investors in multiple service lines nationwide.
Tom O’Loughlin of CBRE represented the landlord, GPT SW 12TH AVENUE OWNER LLC, in the lease deal.
JC Conte, SIOR and Brian T. Ahearn, CCIM represented the tenant in the lease deal.
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The industrial flex warehouse located along NE 189th Street in the high barrier-to-entry market of Aventura (Miami MSA) offered both stable income with additional upside, given the size and liberal zoning of the parcels as well as the prime location and strong opportunity for redevelopment.
He joins Berger Commercial Realty with a background in digital marketing and supply chain management.
The multi-phased, $38.5-million project totals over 850,000 square feet of Class A warehouses.