(Read more on the industrial market.)
TALLAHASSEE, FL-A Florida-based investor has acquired asix-building, 160,000-sf industrial portfolio occupied by variousentities of the State of Florida. While those involved in the dealwould not comment on the price, sources in the area put the rangefrom $10 million to $15 million. The property is 100% occupied.
Calkain Institutional Advisors, the institutional brokeragedivision of Reston, VA-based Calkain Cos., handled the marketingand sale of the transaction. President Jonathan Hipp, managingdirector Joel Kahn and associate Brett Pagani represented theseller, Gainesville-based Capital Circle Commerce Park LLC.
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