Lynd Secures $132.5 Million In Refinancing For Premier Multifamily Development Near WPB
The development consists of 26 three-story, garden-style buildings with private detached garages and carports and 55 townhomes with private two-car garages.
The development consists of 26 three-story, garden-style buildings with private detached garages and carports and 55 townhomes with private two-car garages.
The building features 24’ clear span heights, a 335’ building depth, 49 loading positions, and 95’ to 150’ truck court depths.
Read on for the most popular news headlines this past week on CRE-sources.
The acquisition comprises a single commercial building situated on 3.27 acres of land. The facility features multiple access points and excellent visibility along its expansive frontage on Powerline Road, making it an attractive option for a variety of tenants.
Colliers Executive Vice President Scott Weprin represented the tenant in the lease transaction, while CBRE represented the landlord, Prologis, in the negotiations.
At 10 stories, the landmark 263,000-square-foot, Class A building visually dominates the city’s central commercial district, which spans along University Drive just south of Sample Road.
Most recently, the company leased 47,819 square feet of new office space to accommodate critical administrative and operational functions.
Wayne Ramoski, Ivanna Leitner Perez, and Skylar Stein of Cushman & Wakefield represented the landlord in the lease negotiations. Will Falero of Pro Industrial represented one tenant while Ken Morris and Sky Groden of JLL represented another.
Ryan Shaw, Drew Kristol and Kirk Olson, investment specialists in Marcus & Millichap’s Miami office, represented the buyer, a private investor, in the transaction.
Alms Health had occupied the office for nearly a decade.
CRE-sources, Inc. is committed to ensuring that individuals with disabilities can access all of the goods, services, facilities, privileges, advantages, and accommodations that we offer through our website.If you are having trouble accessing the website, please call us at 954.290.3866 for assistance.
