JLL Closes $66.8M Financing For South Florida Industrial Development
The property comprises two newly delivered buildings on a 66.4-acre site in the Martin Inland submarket of Port St. Lucie.
The property comprises two newly delivered buildings on a 66.4-acre site in the Martin Inland submarket of Port St. Lucie.
JLL Capital Market’s Investment Sales and Advisory team representing the seller was led by Senior Managing Director Danny Finkle, Senior Director Jorge Portela and Vice President Kim Flores.
Foundry originally acquired the site for $8.75 million in 2022
The portfolio was sold in four separate transactions to two different buyers.
The 304,408-square-foot portfolio was 64 percent leased at the time of sale.
An investor has purchased a Fort Lauderdale office park and land from Stockbridge for $43 million. CLICK ON THE HEADLINE FOR MORE
Kingsley, Rutchik and Goggins are responsible for 2.5 million square feet of leasing in South Florida, focusing on the Miami and Fort Lauderdale markets. CLICK ON THE HEADLINE FOR MORE
The shopping center was 99% occupied with a strong roster of both national and local tenants at the time of the sale. CLICK ON THE HEADLINE FOR MORE
The longtime business partners helped lease roughly 2.1 million square feet of “Class A” office space for such clients as TIAA-CREF, Sunbeam Development and Stockbridge Capital Group. CLICK ON THE HEADLINE FOR MORE
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