The site that will be developed into three Class A buildings totaling 777,200 square feet.
Construction will commence in November 2021 and the property is expected to deliver in the fourth quarter of 2022.
Skye Cook, Brad Torell, Jared Bonshire, David Perez, Taylor Zambito, Rick Colon, Mike Davis and Rick Brugge of Cushman & Wakefield represented GES in the transaction.
The Cushman & Wakefield Investment Sales team of Mike Davis, Rick Brugge, Rick Colon, Dominic Montazemi, Zachary Eicholtz and Ryan Jenkins, in conjunction with the Industrial Leasing team of David Perez and Jared Bonshire, represented the seller, a partnership between IP Capital Partners and Blue Vista Capital Management, in the transaction. CLICK ON THE HEADLINE FOR MORE
Liberty Property LLP last sold the asset in November 2015 for $35,500,000. CLICK ON THE HEADLINE FOR MORE
Cushman & Wakefield has been retained to lease the speculative development. CLICK ON THE HEADLINE FOR MORE
Chris Riley and David Murphy with CBRE brokered the sale.
The Cushman & Wakefield brokerage team of Julia Silva Rettig, Jessica Mizrahi, Mike Davis, Jared Bonshire and David Perez have begun leasing Building 200 on behalf a joint venture of Ridge Development and an institutional real estate partner. CLICK ON THE HEADLINE FOR MORE
Cushman & Wakefield has been retained to oversee the leasing of the 1.3 million square foot industrial project that spans 70-acres. CLICK ON THE HEADLINE FOR MORE
The buildings sold on May 27 for a combined $10 million. CLICK ON THE HEADLINE FOR MORE
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