Cushman & Wakefield Leases ±180,306 Square Feet At Tamarac Business Center
The three leases bring the ±180,306-square-foot industrial building to full occupancy.
The three leases bring the ±180,306-square-foot industrial building to full occupancy.
Anthony Librizzi of Cushman & Wakefield represented the buyer in the transaction and has been retained to oversee leasing at the property.
The buyer purchased the facility for their South Florida corporate offices and operation.
Cushman & Wakefield secured $9 million in acquisition financing through Principal Life on behalf of the buyer.
C&W’s Travis Herring and Katherine Ridgway of Cushman & Wakefield represented the landlord, IP Capital, in the lease negotiations.
The Cushman & Wakefield team was comprised of Matthew G. McAllister, Chris Metzger, Richard F. Etner Jr., and Christopher Thomson. Pete Sheridan of JLL represented the building’s owner, Prologis.
The deals bring the 25-story, 387,402-square-foot “Class A” office community to over 50% leased following its November 2020 delivery.
The company has been growing exponentially since its launch in 2017.
The company is slated to take occupancy this month.
Jason Hochman and Ron Granite of Cushman & Wakefield secured $46.3 million in acquisition financing through Argentic Investment Management on behalf of the buyers.
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