CBRE Facilitates Sale Of Industrial Flex Building In Riviera Beach
The facility was 100% leased to 12 tenants that are critical to the local economy and service the immediate area.
The facility was 100% leased to 12 tenants that are critical to the local economy and service the immediate area.
José Lobón, Trey Barry, Frank Fallon, Royce Rose, George Fallon, Gabriel Braun and Daniel Sarmiento with CBRE National Partners, represented the seller, Manova Partners, in the transaction.
Christopher Dubberly and Jacob Sanchez with CBRE’s South Florida Healthcare team in Fort Lauderdale are leasing the property on behalf of the owner and manager, CoreGro.
Christopher Dubberly and Jacob Sanchez with CBRE’s South Florida Healthcare team in Fort Lauderdale are leasing the property on behalf of the owner, Chicago-based Remedy Medical Properties.
Throughout his extensive career, he has facilitated numerous transactions with a wide range of multifamily stakeholders, including national and regional developers, institutional investors, REITs, insurance companies, high-net-worth individuals, and opportunity funds.
The asset is among the tallest office buildings in Sunrise and is the only property in the submarket with garage parking, adjacent hospitality and walkable retail.
The transaction was facilitated by CBRE’s Senior Vice President Amy Julian and First Vice President Andrew Chilgren.
Larry Genet and Tom O’Loughlin with CBRE represented IOV in the lease transaction and are the exclusive representatives for the property and are positioning the development’s ability to meet the needs of e-commerce, distribution, corporate headquarters or manufacturing operations with heavy parking requirements.
In this role, the two executive leaders will work closely with the Altman Logistics Properties leadership team to provide advisory services focused on organizational growth, corporate strategy and real estate technology and innovation in support of the company’s business development and growth.
The park encompasses four warehouses that are 65% leased to six tenants.
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