CBRE Negotiates $125M Sale Of Helix At Lake Mary Apartments
Chip Wooten and Jeff Gray of CBRE represented the sellers, Jim Heistand of Parkway Properties and Mark Walsh and Brett Bossung of Silverpeak, in the transaction.
Chip Wooten and Jeff Gray of CBRE represented the sellers, Jim Heistand of Parkway Properties and Mark Walsh and Brett Bossung of Silverpeak, in the transaction.
The financing for the initial phase will encompass the construction of 700,000 rentable square feet of logistics warehouse space, as well as the infrastructure costs for up to 2 million rentable square feet.
The trio has worked as team for more than four years and bring 40 years of combined experience in the Orlando office market. CLICK ON THE HEADLINE FOR MORE
Moss started the firm’s Orlando office in 1983. CLICK ON THE HEADLINE FOR MORE
Cousins has tapped Atlanta-based Eastdil Secured to market the portfolio. CLICK ON THE HEADLINE FOR MORE
The office landlord has a market value of about $2 billion. CLICK ON THE HEADLINE FOR MORE
Cresa managing principal David Prevé represented the tenant in the 7-year renewal deal. CLICK ON THE HEADLINE FOR MORE
Parkway is selling off the assets because they are not consistent with the firm’s investment strategy, but were part of the portfolio that included 3 buildings the company targeted. CLICK ON THE HEADLINE FOR MORE
The seller of the properties has gone to great lengths to keep their identity confidential. CLICK ON THE HEADLINE FOR MORE
The merger adds ten high-class buidings to Parkway’s office portfolio. CLICK ON THE HEADLINE FOR MORE
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