Cushman & Wakefield Arranges $14.15M Sale Of Light Industrial Property
The property is 100% leased to more than 40 tenants ranging from light industrial to athletic and recreational uses.
The property is 100% leased to more than 40 tenants ranging from light industrial to athletic and recreational uses.
The building totals 107,304 square feet.
The buildings, which total 64,436 square feet, were 93.5% occupied at the time of the sale.
The final sale price was $22.6 million. CLICK ON THE HEADLINE FOR MORE
The portfolio comprises 38 buildings on 16 sites totaling nearly 54 acres. CLICK ON THE HEADLINE FOR MORE
The property comprises a three-story, 60,851-square-foot office building and a one-story, 9,100-square-foot outparcel restaurant building. CLICK ON THE HEADLINE FOR MORE
The park was 86 percent occupied at the time of sale. CLICK ON THE HEADLINE FOR MORE
Scott O’Donnell and Dominic Montazemi’s Capital Markets Team represented Lexington Palm Beach LLC in the disposition of the 113,565-square foot property. CLICK ON THE HEADLINE FOR MORE
“We’re seeing tremendous momentum in the South Florida market and investors are taking notice.” CLICK ON THE HEADLINE FOR MORE
Earlier this month, CBRE’s prominent Broward office leasing team led by Deanna Lobinsky and Travis Herring joined the firm. CLICK ON THE HEADLINE FOR MORE
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