JLL Capital Markets Secures $112M In Refinancing For 12-Property Industrial Portfolio
The portfolio totals 895,958 square feet.
The portfolio totals 895,958 square feet.
The property features a newly renovated, 14,056-square-foot warehouse with 12 drive-in doors, situated on an oversized lot with substantial frontage on Okeechobee (Route 27).
E-commerce continues to spur demand for well located, fully-secured trailer/fleet parking lot assets across South Florida.
Seagis plans to break ground by year’s end on a modern, new 117,790-square-foot industrial building that caters to today’s industrial users.
Seagis plans to break ground on a 51,100-square-foot, state-of-the-art, highly functional industrial facility to complete the approximately 200,000-square-foot industrial park.
This acquisition expands Seagis’ South Florida regional foothold to 112 logistics properties, totaling more than 6 million square feet of investment-grade industrial space.
Seagis paid $9.4 million for the 2.78-acre lot.
The company acquired 17 industrial buildings totaling approximately 760,000 square feet of space and 23 acres of developable land in 20 separate transactions.
Berger Commercial Realty/Corfac International Vice President Jonathan Thiel, Sales Associates Daniel Forman and Senior Vice President Keith R. Graves, CCIM, represented the landlord, Seagis Property Group LP, in executing thel leases.
CRE-sources, Inc. is committed to ensuring that individuals with disabilities can access all of the goods, services, facilities, privileges, advantages, and accommodations that we offer through our website.
If you are having trouble accessing the website, please call us at 954.290.3866 for assistance.