McCraney Property Company Sells Small-Bay Industrial Portfolio
The portfolio sold for $49 million.
The portfolio sold for $49 million.
Mike Davis, Rick Brugge, Dominic Montazemi and Rick Colon of Cushman & Wakefield, with assistance by Chris Metzger, Matt McAllister and Rick Etner, represented the seller, Bridge Industrial in the transaction.
C&W’s Mike Davis, Rick Brugge, Rick Colon and Dominic Montazemi of Cushman & Wakefield represented the seller in the transaction with support from Zachary Eicholtz and Brooke Tulley.
The four-story buildings total 498,073 square feet.
The asset was acquired by Mississippi-based EastGroup Properties. CLICK ON THE HEADLINE FOR MORE
The property’s largest tenant at 136,000 square feet has a lease agreement until 2021. CLICK ON THE HEADLINE FOR MORE
The asset was acquired by Boca Raton-based IP Capital Partners, LLC for $286 per square foot. CLICK ON THE HEADLINE FOR MORE
A member company of Zurich North America purchased the asset. CLICK ON THE HEADLINE FOR MORE
The portfolio totals 357,466 square feet. CLICK ON THE HEADLINE FOR MORE
The buyer was Boca Raton-based IP Capital Partners, LLC., an entity managed by Josh Procacci. CLICK ON THE HEADLINE FOR MORE
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