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The Butters Realty & Management Industrial Brokerage Team of JC Conte, SIOR and Brian T. Ahearn, CCIM represented the interest of Challenge Warehousing, Inc. in the transaction. Tom O’Loughlin and Larry Genet with CBRE represented the Landlord, Link Logistics.
The JLL Capital Markets team representing the seller was led by Director Max La Cava, Senior Managing Director Brian Shanfeld, Managing Directors Jason Dewitt and Luis Castillo and Vice President Steven Okon.
CBRE Executive Vice President Gordon Messinger represented MAS^AJP, the owner and developer, in lease negotiations.
The sale does not include other components of the mixed-use development, such as its 158-unit Congregate Living Facility and numerous outparcels.
The vacant site is comprised of five adjacent parcels of land divided by SW 14th Place with three parcels to the north and two parcels to the south.
She will champion the growth of the investor services business for Avison Young in the United States and concentrate her efforts on building and fortifying the firm’s network of investors in multiple service lines nationwide.
The final sale price equated to more than $202 psf.
Pulso Capital purchased the property for $551,282 per unit.
JC Conte, SIOR and Brian T. Ahearn, CCIM represented the tenant in the lease deal.
The transaction closed on Aug. 31.
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