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.
Calum Weaver, Robert Given, Zach Sackley, and Troy Ballard of Cushman & Wakefield represented the seller, Boardwalk Properties, in the transaction.
A leading developer and manufacturer of pet medication is expanding its presence within Palm Beach Park of Commerce, with plans to add 40+ high-paying jobs.
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