C&W’s Scott O’Donnell, Mike Ciadella, Greg Miller and Miguel Alcivar, along with Cushman & Wakefield Healthcare Capital Markets advisors Gino Lollio and Travis Ives, represented ShareMD in the sale of the two properties.
Cushman & Wakefield’s Scott O’Donnell, Deme Mekras, Miguel Alcivar, Greg Miller and Mike Ciadella represented iHeart in the transaction.
Cushman & Wakefield’s Dominic Montazemi, Mike Davis, Rick Brugge, Rick Colon and Mike Ciadella represented the seller in the transaction.
Construction on the project, located at 125 SW 8th St., will commence before year end.
The property is 97% leased and anchored by Publix, which completed a full knock-down/rebuild of its store in 2022, expanding the premises to 48,387 square feet and signing a new 20-year lease term.
The deals include a full-floor new-to-market tenant and multiple renewals.
The 2.8-acre site, which is zoned industrial, includes a 12,000-square-foot, two-story main building; a 7,500-square-foot warehouse; and a 2,200-square-foot maintenance shop as well as parking spaces for over 45 trucks.
The exclusive leasing team for the project, JLL’s Sky Groden, SIOR; Ken Morris, SIOR; and Jeremy Cain, represented Bridge Industrial in the lease transaction. The tenant was represented by Rick Etner and Nicolas Reid of Cushman & Wakefield.
Kripalani and Fernandez join C&W from Colliers.
PEBB Enterprises and Banyan Development continue to target the Treasure Coast region for strategic investment opportunities, with a particular focus on rapidly growing Port St. Lucie.