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Franklin B. Morrison Negotiates Sale Of Five-Building Small Bay Warehouse Portfolio To Investor

The sale was a classic value-add opportunity with rents at 10-20% below market for small bay warehouses.

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Franklin B. Morrison Negotiates Sale Of Small Bay Warehouse Building To Investor

The 6,000-square-foot warehouse sold for $590,000.

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Franklin B. Morrison Executes Sale Of Industrial Investment Property Within 30 Days Of Assignment

A long term (20+ years) tenant recently signed a new 7-year lease starting January 1, 2021 with 3% annual increases at the property.

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Franklin B. Morrison Negotiates Sale Of Small Bay Warehouse Buildings

Morrison represented the sellers in the transaction.