Excel Construction Of Florida Breaks Ground On Class A Industrial Spec Building In Broward For IDI Logistics
Larry Dinner of CBRE is the leasing representative for IDI Logistics for the new building.
Larry Dinner of CBRE is the leasing representative for IDI Logistics for the new building.
Bridge Industrial had the property rezoned and subsequently built two Class A industrial Building for a total of ±174,129 SF.
Here are the most popular news headlines this past week on CRE-sources.
The property consists of one recently developed rear-load 32-foot clear industrial distribution building containing approximately 221,000 square feet on 11.4 acres.
The sale was a classic value-add opportunity with rents at 10-20% below market for small bay warehouses.
Bridge’s growing South Florida asset management portfolio currently spans 5 MSF+ of Class-A industrial space.
Berkadia arranged $14.1 million in acquisition financing on behalf of Foundry Commercial for the acquisition.
CBRE’s Larry Genet, Tom O’Loughlin, and Jake Zebede represented the owner in the sale of the industrial warehouse.
Here are the most popular news headlines this past week on CRE-sources.
The leases bring Hillsboro Technology Center’s Building E, a 123,290 square foot industrial building and Building F, a 151,852 square foot industrial building, to 100% leased.
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