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Swig and STARS saw the potential to offer flex workspace with classic finishes and natural light to smaller occupiers so the firms upgraded the property accordingly, improved tenant appeal and secured LEED Gold status.
Cushman & Wakefield continues to market the remaining approximately 845,000 square feet at the 230-acre site, which represents one of the largest blocks of available modern warehouse space in the New Jersey and Northern Pennsylvania markets.
"The sales became a social welfare cause as all involved recognized that the facilities are a critical component of Miami Dade County's healthcare network for the underserved elderly and disabled."
For much of this cycle there has been a wealth of capital flowing into CRE. But loan originations are only part of the story. The middleman and middlewoman—those…
Tenants requiring 50,000 square feet and larger are looking for space further in advance of lease expiration dates due to constrained supply of class-A inventory within the submarket.
SECTOR NEWS: What Really Worries Multifamily Investors
Berkadia surveys its mortgage banking and investment sales experts every year to see what issues…