CBRE’s Larry Genet and Tom O’Loughlin represented the landlord in the deal.
The leases bring Hillsboro Technology Center’s Building E, a 123,290 square foot industrial building and Building F, a 151,852 square foot industrial building, to 100% leased.
The sales price equates to $193.00 per square foot.
The lease deal brings Building G at Davie Business Center, which totals 114,774 square feet, to 100% leased.
The Butters Realty & Management Industrial Brokerage Team represented the interest while Tom O’Loughlin, Executive Vice President with CBRE represented the landlord in the deal.
The long-term lease renewal keeps the occupancy rate for TA Realty’s two buildings in Port 95 Industrial Park, which total 151,389 square feet, at 100%.
Mr. Louis Carrio of Carrio Motorcars closed on the property with an SBA Loan for $4,100,000. CLICK ON THE HEADLINE FOR MORE
One tenant was represented by Ken Morris and Adriana Lilly of Morris Southeast Group, LLC. The other was represented by Rick Etner of Cushman & Wakefield and Adam Talbot, a former member of the Cushman & Wakefield Industrial Team. CLICK ON THE HEADLINE FOR MORE
The company opted for ownership as opposed to leasing space and sought an office building large enough to expand. CLICK ON THE HEADLINE FOR MORE
The company will uilize the property as its headquarters and distribution facility. CLICK ON THE HEADLINE FOR MORE
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