EML Realty Partners Announces Off-Market Acquisition And Sale To Kick Off 2023
The transactions total $7,650,000.
The transactions total $7,650,000.
The projects total $29 million and 318,000 square feet of Class A warehouses.
Built in 2003, the park is comprised of 24 small industrial units situated on 5.10 acres featuring 18-foot clear heights and 24-12×12 grade level loading doors.
The City of Westlake has approved plans for a 145,643-square-foot business park which will be composed of a 10,103-square-foot office/flex building and a 135,540-square-foot warehouse/distribution facility.
The project is expected to deliver in late 2023.
BOMA, the Building Owner’s and Manager’s Association of Ft. Lauderdale and the Palm Beaches, held its annual TOBY (The Outstanding Building of the Year) gala on Friday, November 11, to award top performers in building management and operations.
CBRE’s Robert Smith and Kirk Nelson will be leading the marketing efforts.
The property is expected to be completed in February 2023.
Cushman & Wakefield’s Greg Miller, Scott O’Donnell, Mike Ciadella, Dominic Montazemi, and Miguel Alcivar represented both the buyer and seller in the transaction.
Before joining Colliers, Pace served as a Senior Leasing Representative for Duke Realty.
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