As an integral part of this initiative, Brennan will undertake construction of a 249,600 square foot expansion on the adjoining 18-acre parcel of land, resulting in a combined square footage of 493,250.
Jay Ziv, Michael Fay, John Crotty, David Duckworth, Brian de la Fé and Greg Morrison of Avison Young marketed and brokered the sale on behalf of the seller.
John Gosnell of Strategic Real Estate Partners represented the sole tenant in the lease deal. Clay Witherspoon of Avison Young representing MDH Partners.
In honor of the New Year, here are the most popular news headlines of 2023 on CRE-sources.
The acquired portfolio comprises three distinct business parks situated in Altamonte Springs.
EML Realty Partners bought and sold over 15 properties in 2023 with a combined value of $60 million.
Future phases in Ocala South Logistics Park will bring 1.4 million total square feet of Class A, dock-high industrial space to a 93-acre parcel in the Florida Crossroads Commerce Park.
CrossMarc Services will handle leasing and management functions for the retail center.
The deal was part of a four-commercial-property acquisition in Florida and Texas, as well as the refinance of two of its current commercial properties in Florida. The complex transaction, which totaled $220 million, closed on November 30.
The 362,710-square-foot flex property was formerly Orange Blossom Mall.