Cushman & Wakefield, CBRE Arrange Sale Of West Stuart Business Center
The property last sold in 2017 for $ 1,480,000.
The property last sold in 2017 for $ 1,480,000.
Robert Smith, Kirk Nelson, Jeff Kelly, David Murphy and Monica Wonus with CBRE represented the landlord in lease negotiations.
Kirk Nelson, Robert Smith, and Jeff Kelly with CBRE Industrial & Logistics represented the developer, Dalfen Industrial, in lease negotiations.
The lease marks the largest industrial lease signed in Palm Beach County in 2023.
The companies plan to develop a 595,000-square-foot depot facility at the site.
Kirk Nelson, Robert Smith, and Jeff Kelly with CBRE represented the tenant in lease negotiations.
Robert Smith, Kirk Nelson, and Jeff Kelly with CBRE Industrial & Logistics represented the seller in the transaction. The buyer was represented by NAI Miami.
CBRE’s Robert Smith and Kirk Nelson will be leading the marketing efforts.
Easton has submitted plans with the city to build a logistics-oriented facility.
New York-based Angelo, Gordon & Co., L.P. (“Angelo Gordon”) and Delray Beach-based Redfearn Capital formed a new programmatic joint venture to acquire value-add industrial properties throughout Florida with a concentration in South Florida.
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