Twenty-nine multi-tenant properties are said to have changedhands in the deal, most of it leased up. Only 70,000 sf of space isavailable in all of the buildings, which vary from 6,000 sf to124,000 sf. Office space is modest in size, about 500 sf;warehouses run up to 20,000 sf. Area rents for offices peak at $20per sf; at $13 per sf for warehouses.
AMB specializes in properties near airports and othertransportation hubs. When contacted by GlobeSt.com, a spokespersonfor the company would not confirm the transaction nor any of itsparticulars because of a confidentiality agreement.
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