The buyer’s plans include a multifamily development on the site.
Jonathan’s first few years in the business have resulted in securing numerous listings, multiple closed sales representing both sellers and buyers, successful representation of landlords in leasing medical, office, and warehouse spaces, and successful tenant representation assignments. He has since assisted in the development of the Berger Industrial Team which primarily focuses on flex and industrial properties.
The buyer paid $8,550,000 for the asset.
The sale price equates to nearly ±$1.2 million per acre.
The tenant is the largest operator of mobility, logistics hubs, and neighborhood kitchens in the United States, Canada, and has a growing presence in Europe.
Berger Commercial Realty Senior Vice President Joseph P. Byrnes and Senior Sales Associate John Forman represented the seller in the $8 million sale.
The property was 96% occupied at the time of the sale with a mix of office and medical tenants.
The deal brings the park to 100% occupancy.
A leading provider of e-commerce fulfillment and technology solutions has signed a long-term lease agreement.
The agency signed on for a 10-year term.
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