Cushman & Wakefield Arranges Sale, Financing Of Port St. Lucie Industrial Property
The buyer is a JV whose principal firms include East Capital Partners, Tramview Capital Management, and ABR Capital Partners.
The buyer is a JV whose principal firms include East Capital Partners, Tramview Capital Management, and ABR Capital Partners.
Veteran industry professionals deepen the firm’s investment and development prestige to support expansion and capital deployment plans.
Jeremy Larkin, Co-Chairman, along with Jake Guso and Craig Merlin, Associates of NAI Miami | Fort Lauderdale, represented the landlord and assisted with the planning, development, construction, and leasing of the property that began in January 2020.
The highly anticipated 10-acre facility is set to redefine sports and leisure in the region.
The 2-building, 170,000-square-foot campus is currently undergoing a $60 million renovation.
Native is actively interviewing senior commercial real estate brokers in Broward and Palm Beach counties to accommodate the increased demand for the firm’s services.
The property is situated on a corner lot at the high-traffic intersection of 54th Street and N.W. Seventh Avenue, minutes from Wynwood, Downtown Miami, the Design District and Midtown, making it an ideal location for workforce housing.
The company had originally planned to occupy a single floor.
Colliers Vice Chair Stephen Rutchik represented the landlords in the transactions. CBRE Executive Vice Presidents Jeff Gordon and Barbara Black represented the tenants.
The development firm will be moving their corporate headquarters to the proposed office building where they plan to occupy approximately 15,000 square feet.
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