Cushman & Wakefield Names Managing Principal Of South Florida
He will be responsible for the firm’s Miami, Fort Lauderdale, Boca Raton, and West Palm Beach markets and oversee more than 450 professionals across the South Florida region.
He will be responsible for the firm’s Miami, Fort Lauderdale, Boca Raton, and West Palm Beach markets and oversee more than 450 professionals across the South Florida region.
This move comes as the company has quickly expanded its presence nationally and needed a larger office space to accommodate its continued growth. Basis currently has 35 employees, up from just three in December 2020.
Robert Smith, Kirk Nelson, Jeff Kelly, David Murphy and Monica Wonus with CBRE represented the landlord in lease negotiations.
Colliers Executive Vice President Michael Falk and Associate Jonathan Temple represented the landlords, JBL Asset Management and Avenue Property Group, and the tenant, Heritage Flooring, in the deal.
Redfearn Capital currently owns over 4.5 million square feet of industrial properties in the Southeast.
The two-building, 74,103-square-foot industrial asset sold for $12.4 million.
The Class A industrial portfolio is comprised of three buildings totaling 197,608 square feet.
Foundry and Wheelock plan to redevelop the 125,281-square-foot campus into Egret Point Logistics Center, a planned 457,000-square-foot industrial project that was approved by the Boynton Beach City Commission last month.
Owner and commercial real estate developer The Easton Group hired Excel Construction to develop warehouses and offices on nine acres of land at 1463-1481 Dr. Martin Luther King Jr. Boulevard, along the Florida East Coast railroad tracks.
Lee & Associates South Florida Principal Greg Milopoulos and Vice President Christian Baena successfully brokered the $4.07 million sale.
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