In Record South Florida Deal, Equus Pays $240M For Industrial Complexes
The properties include 16 warehouses, spanning 23 acres in total.
The properties include 16 warehouses, spanning 23 acres in total.
The building was originally built in the mid-seventies.
This acquisition expands Seagis’ South Florida regional foothold to 112 logistics properties, totaling more than 6 million square feet of investment-grade industrial space.
Due to the efforts of Berger Commercial Realty’s leasing team, more than 28,000 square feet of new lease deals and renewals have recently been executed, bringing this prime industrial center to reach 100% occupancy.
Here are the most popular news headlines this past week on CRE-sources.
“Despite the many challenges our world has been facing due to the pandemic, the commercial real estate industry is booming, and South Florida is a top destination for business relocation,” said Christopher Thomson, the 2022 president.
Larry Genet and Tom O’Loughlin with CBRE represented the seller in the transaction.
Seagis paid $9.4 million for the 2.78-acre lot.
The park will eventually span more than 1.3 million square feet of space.
Here are the most popular news headlines this past week on CRE-sources.
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