C&W’s Mike Davis, Rick Brugge, Rick Colon and Dominic Montazemi of Cushman & Wakefield represented the seller in the transaction with support from Zachary Eicholtz and Brooke Tulley.
“This free-standing, single-user industrial building is a rare find that is in high demand in today’s highly competitive industrial market,” said Etner.
C&W’s Calum Weaver, Garrett Pordes, Robert Given, Zach Sackley and Troy Ballard of Cushman & Wakefield represented the seller, Finvarb Group, in the transaction.
The 155,508-square-foot industrial asset sold for $17 million.
The closing represents the last of three strategically planned majority skilled nursing property sales in Florida by Healthcare Trust, Inc.
The deals include 2 lease renewals, 1 renewal/expansion and 1 new lease deal.
The property is 100% leased to more than 40 tenants ranging from light industrial to athletic and recreational uses.
The deal, which is under contract, would mark the largest office sale in Miami since at least 2019.
Les Byron of Sperry Van Ness represented the tenant.
The four-story buildings total 498,073 square feet.
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