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Columbia Property Trust completed a significant repositioning of the campus in advance of the sale. Those efforts helped drive 460,000 square feet of leasing at the property since early 2017, replacing the original anchor tenant with no downtime and returning the full property to 100% leased.
The two-building 882,565-square-foot distribution center was chosen for its prime location in the midst of key logistics/distribution infrastructure, located 1 mile west of I-35, adjacent to Ft. Worth Alliance Airport.
Career opportunities in commercial real estate run the gamut from architecture, asset management and investment banking to engineering and environmental science.
Chicago-based executive managing directors Craig Cassell and Michael Sessa will lead Cushman & Wakefield's S&E Advisory Group and will be responsible for managing the firm's overall strategic approach to sports and entertainment related client services.
The WWE lease of more than 415,000 square feet was nearly 60% of all Fairfield County's 709,068 square feet of leasing activity in the first quarter. Despite the WWE's deal, the county registered 106,006 square feet in negative office space absorption in the first quarter.
“This was a very challenging lease transaction with competition from two other buildings in Waterford at Blue Lagoon, both capable of accommodating Parbel's requirements,” says C&W's Mendoza.