Lawrence Oxenberg, Vice President at Berger Commercial Realty, represented the buyer in the transaction. Berger has been retained by the new ownership to lease the property.
Drew Kristol and Kirk Olson exclusively marketed the property on behalf of the seller.
Read on for the most popular news headlines this past week on CRE-sources.
The eight-story property includes 111,400 square feet of office space, 26,700 square feet of ground-floor retail, and a 499-space parking garage.
The brokerage will lead leasing for 80,000 square feet of curated retail space.
Read on for the most popular news headlines this past week on CRE-sources.
The property consists of 29,331 square feet of retail space and a 35,000-square-foot self-storage facility with 419 units.
The project includes replacing approximately 600 feet of existing seawall and 1,000 feet of floating docks, two new pre-engineered metal buildings, a state-of-the-art ship store, 8,999 square feet of retail office space and 9,724 square feet of work bays to meet member needs.
The site includes a fully-entitled, 274-unit, site plan approved multifamily development, which includes 5,300 square feet of ground floor retail space.
“Now, we’re seeing new retail and dining concepts opening in the area, as well as established brands relocating and expanding into larger spaces, a clear sign that businesses see Lincoln Road as a place to invest, grow and connect with the community.”