The property is 97% leased and anchored by Publix, which completed a full knock-down/rebuild of its store in 2022, expanding the premises to 48,387 square feet and signing a new 20-year lease term.
The 4-story self-storage building consisting of approximately 749 storage units or 72,920 rentable square feet was developed by the Feldman Companies in 2024.
The project is being marketed for lease by the Berger Commercial’s Jonathan Thiel, Daniel Forman, Keith Graves, and Lawrence Oxenberg.
Alex Zylberglait and Michael Crocchiola of Marcus & Millichap and Roy Faith of FIP Commercial were the brokers in the transaction.
Andrew Lehrer and Wayne Schuchts with SRS Real Estate Partners, along with Denise Chaimovitz, MA, SIOR of Entre Commercial, represented Setna in the lease negotiations. Devin White, Tom O’Loughlin, and David Albert with CBRE represented the landlord, Dalfen Industrial.
The tenant will occupy the entire 40,838-square-foot Class A, newly constructed warehouse.
The sale price equates to more than $653 per square foot.
Read on for the most popular news headlines this past week on CRE-sources.
The project transformed Ryder System’s former office headquarters into a modern, LEED certified,
326,448-square-foot logistics complex now available for immediate occupancy.
The eight-acre, 348,480-square-foot property is fully occupied by national tenants The CDL Schools and Park My Fleet.