Native Realty Closes Three New Investment Sales Transactions
Jaime Sturgis brokered all three deals, which have a combined sale price of $8.6 million.
Jaime Sturgis brokered all three deals, which have a combined sale price of $8.6 million.
Currently, the property is 92% leased to a diverse roster of 48 tenants.
As a boutique firm, Movement CRE stands out by delivering highly personalized, data-driven commercial real estate services that meets the evolving office, industrial, and retail needs for both occupiers and property owners across South Florida.
Colliers’ Scott Brenner and Derek Baker represented the tenant in negotiating the long-term lease renewal. CBRE’s Kirk Nelson represented the landlord.
Darcie and Caroline will work as a team based in the Boca Raton office, focusing on all aspects of office leasing services.
The Palm Beach office building previously housed private wealth firm Bessemer Trust.
CBRE’s John Criddle, Joe Freitas, and Max Pawk will lead local marketing and leasing efforts on behalf of the landlord.
Seventy percent of funds will be allocated to industrial properties in Florida, the Carolinas, Tennessee and Georgia, and the remainder will be divided equally between Florida office and medical office buildings.
Colliers’ Executive Vice President Derek Baker represented the tenant in negotiating the deal. CBRE’s Joe Freitas, John Criddle and Max Pawk represented the landlord, Grover Corlew, in the lease negotiations.
The asset last sold for $99.5 million.
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