CBRE Arranges Sale Of 156,500 SF Office Building For $39 Million
Benjamin H. Silver and Charlie Manuel with CBRE represented the seller and procured the buyer.
Benjamin H. Silver and Charlie Manuel with CBRE represented the seller and procured the buyer.
Alexander Bernaldo, SIOR, President of Americas Commercial Real Estate, and Rene Vivo, SIOR, CEO of Vivo Real Estate Group, negotiated the transaction.
With over 16 years of experience in the real estate industry and a track-record as a top producer, he has negotiated more than seven million square feet of leased office space for clients that span over 1,000 transactions, which involved strategic real estate planning, workplace strategy, financial consulting and transaction management.
The development property consists of office, multifamily and retail elements.
A study predicts 45% to 50% increases in Florida, including in inland areas — and a doubling of premiums won’t be out of the question.
Colliers South Florida represented the landlord, Nuveen Real Estate, in the lease transactions.
Ryan Holtzman, Eddie Quinon, Brian Gale, and Andrew Trench represented landlord while Tony Jones represented tenant in the transaction.
The tenant is doubling its office space, adding a second floor to its previous lease at the mixed-use development, bringing the company’s total footprint to about 37,000 square feet.
By moving from California to Florida, LeverX is taking the next step in its international expansion, while extending the company’s presence as part of Florida’s growing technology hub.
Senior Managing Director Charles Foschini, Managing Director Christopher Apone and Associate Director Robert Iudice of Berkadia South Florida arranged the loan.
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