C&W Negotiates Central Florida’s Largest Industrial Investment Sale
28 Oct, 2008, Tampa, FL
Cushman & Wakefield negotiated the sale of BRECKENRIDGE PARK in Tampa, Florida. This represents Central Florida's largest industrial sale this year in terms of total price and price per square foot. The transaction closed on October 15, 2008.
The sale included fifteen flex buildings, for a combined total of 332,582 rentable square feet. This is the 12th Capital Markets transaction closed by The Davis Team since January, 2008.
Mr. Davis was quoted as saying, "Despite difficult market conditions, investors continue to find Central Florida an attractive market to acquire Real Estate."
Executive Director Mike Davis (Capital Markets) and Associate Director Rick Brugge, CCIM (Capital Markets) negotiated the sale on behalf of the seller, Americas Capital Partners. The buyer was the Adler Group, Inc.
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Cushman & Wakefield is the world's largest privately-held commercial real estate services firm. Founded in 1917, it has 227 offices in 59 countries and more than 15,000 employees. The firm represents a diverse customer base ranging from small businesses to Fortune 500 companies. It offers a complete range of services within four primary disciplines: Transaction Services, including tenant and landlord representation in office, industrial and retail real estate; Capital Markets, including property sales, investment management, valuation services, investment banking, debt and equity financing; Client Solutions, including integrated real estate strategies for large corporations and property owners, and Consulting Services, including business and real estate consulting. A recognized leader in global real estate research, the firm publishes a broad array of proprietary reports available on its online Knowledge Center at www.cushmanwakefield.com/knowledge.
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