Reese Stigliano Closes 75-Acre Land Sale In Fort Pierce
With housing prices continuing to rise despite the uncertainty, more time worked out favorably.
With housing prices continuing to rise despite the uncertainty, more time worked out favorably.
JLL Capital Markets brokered the transaction on behalf of the seller, an investment group from South America.
Senior Managing Director Charles Foschini, Managing Director Chris Apone and Senior Analyst Shannon Wilson of Berkadia Miami secured the financing on behalf of Neology Life Development Group, a lifestyle-driven residential and commercial real estate firm led by Lissette Calderon.
CBRE Executive Vice President Gordon Messinger represented the landlord, Banyan Street Capital, in all lease negotiations.
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.
Berger Commercial Realty/Corfac International Senior Vice President Stephen Hyatt represented the seller in the transaction.
Here are the most popular news headlines this past week on CRE-sources.
The financing is SCALE Lending’s first deal in South Florida.
The multimillion-dollar purchase, redevelopment, and headquarters expansion project, will be named “Counsel Commons.”
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