Newmark Facilitates Off-Market Sale Of 191K SF Industrial Property
Newmark was the sole broker in the transaction, with Executive Managing Directors Steve Medwin and Nick Wigoda facilitating the sale.
Newmark was the sole broker in the transaction, with Executive Managing Directors Steve Medwin and Nick Wigoda facilitating the sale.
This acquisition marks the firm’s second significant investment in Doral, following the recent groundbreaking of Bridge Point Doral, a project set to encompass over 2.6 million square feet of Class-A industrial space at full build out.
JLL’s Peter Sheridan, Yuri Quispe, and Peter Johnston represented the owner and developer in the lease negotiations.
The tenant will be relocating and expanding from its current location at Miramar Park of Commerce.
Newmark’s Executive Managing Directors Steve Medwin and Nick Wigoda, along with Managing Director Alan Long, were the sole brokers on the transaction.
Newmark’s Executive Managing Directors Steve Medwin and Nick Wigoda and Associate John Mejia represented the landlord, Panattoni Development, and the tenant in the transaction.
The spices and herbs manufacturer paid about $141 a square foot for the 313,000-square-foot building. CLICK ON THE HEADLINE FOR MORE
NGKF’s South Florida industrial team already has secured two major tenants for the project. CLICK ON THE HEADLINE FOR MORE
Medwin joined JLL in February 2010 and was promoted to Managing Director in October 2010. CLICK ON THE HEADLINE FOR MORE
Terranova Corp. and an investment partner Arcadia Realty Trust are selling their six-building portfolio. CLICK ON THE HEADLINE FOR MORE
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