Senior Managing Director Charles Foschini, Managing Director Christopher Apone and Associate Director Robert Iudice of Berkadia South Florida arranged the loan.
The to-be-built warehouse will total 174,348 square feet.
The property was acquired in a special situation from a long-term private family owner.
The 131,680-square-foot, two-building suburban office project is 100% leased to two tenants. CLICK ON THE HEADLINE FOR MORE
The new owner plans to enhance the property’s position as the premier Class A property in the Commercial Boulevard submarket by investing $1.2 million in targeted capital improvements. CLICK ON THE HEADLINE FOR MORE
AKREA paid $32.25 million for the office asset. CLICK ON THE HEADLINE FOR MORE
With an overall submarket occupancy of 94%, the property offers significant upside potential as a result of recent renovations. CLICK ON THE HEADLINE FOR MORE
The three buildings within the park total approximately 253,000 rentable square feet. CLICK ON THE HEADLINE FOR MORE
The gated community at 8000 Cleary Boulevard includes 376 townhome-style units situated in 29 two-and three-story buildings spanning approximately 38 acres. CLICK ON THE HEADLINE FOR MORE
The purchaser was a private South American investment group. CLICK ON THE HEADLINE FOR MORE
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