Cushman & Wakefield Arranges $54.6M Sale Of Newly Delivered Logistics Center
The 280,000-square-foot facility was fully leased at the time of sale.
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The 280,000-square-foot facility was fully leased at the time of sale.
The deal brings the park to 51 percent occupied.
The trajectory is expected to continue for the next two years.
The title is the highest for producers at the company.
Partyka represented the landlord, the Sanford Airport Authority, in the lease renewals.
The property, which is approximately 99% occupied, features a high-quality tenant mix that combines lifestyle and entertainment uses with essential goods and services.
The property will offer 502 oceanfront rooms, 72,000 square feet of open-air spaces and 51,500 square feet of indoor meeting facilities.
He will partner with Nate Cutchin and focus on tenant and landlord representation.
Amy Foote and Glen Jaffee of Cushman & Wakefield along with Drew Haynie of affiliate Cushman & Wakefield | Thalhimer represented the tenant in the lease negotiations. The landlord, V 3 HC Retail LLC, was represented by Bobby Bridges of V3 Commercial Advisors.
Wayne Schuchts, Michael Palmer and Andrew Lehrer from SRS’ industrial team represented Harvest Valley in the sale, facilitating the relocation and expansion of their central Florida operations.
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