Avison Young Sells Former Miami INS Building In $23M Court-Ordered Transaction
Avison Young Principals Michael T. Fay, Jay Ziv, John K. Crotty, David Duckworth, and Brian C. de la Fé completed the sale.
non-advertiser
Avison Young Principals Michael T. Fay, Jay Ziv, John K. Crotty, David Duckworth, and Brian C. de la Fé completed the sale.
The listing, which is being handled by CBRE Senior Vice President David Wigoda, says the property offers a turnkey solution for a corporate buyer or it could be redeveloped for office, industrial, retail, hotel or multifamily uses.
CS Ventures Management, a joint venture led by Spencer J. Schlager and Charles L. Rosenberg, acquired the office building in December 2022.
Native now operates from a Fort Lauderdale office that is double the size of its previous headquarters at 1926 E. Sunrise Blvd. in the city’s Victoria Park neighborhood.
Chris Metzger of Cushman & Wakefield’s South Florida Industrial Team led the negotiations and represented the landlord, EastGroup Properties, in the deal.
Transwestern’s Carlos Gaviria, Thomas Kresse, Walter Byrd, and Ben Eisenberg represented building owner Terreno Realty Corporation in the transaction.
Brandon Holmes and Jonathan De La Rosa, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller.
Cresa Miami’s Jeff Hartsook and Adam Talbot represented the tenant in the lease renewal.
In his position, he will focus on Basis Industrial’s expansion outside of multi-tenant industrial and self storage.
EverWest’s recent acquisition totals 4.12 acres.
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.
