CBRE Completes Sale Of 207,000 SF Industrial Lot
CBRE Executive Vice Presidents Larry Genet and Tom O’Loughlin represented the seller, New York-based Imperium Capital, in the transaction.
CBRE Executive Vice Presidents Larry Genet and Tom O’Loughlin represented the seller, New York-based Imperium Capital, in the transaction.
Yishai Sinai, Managing Broker with Biscayne Advisors, represented the buyer in the transaction. Berger Commercial Realty’s Brian Batchelder and Joseph P. Byrnes represented the seller.
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The seller paid $45 million for the 37.4-acre site in 2004.
The 188,389-square-foot property encompasses seven buildings and 29 tenants.
The transaction marks the fifth in which Osborne has represented the investor in the last 12 months.
Daniel P. Cook, Owner and President of Cook Commercial Realty, Inc., exclusively represented the buyer, PSTS Holdings Corp, in the purchase.
Here are the most popular news headlines this past week on CRE-sources.
The parcels total ±19.4 acres.
Marcus & Millichap’s Doug Mandel and Tyler Kuhlman had the exclusive listing to market the portfolio on behalf of the seller and procured the buyer, a Florida-based private investor.
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