CBRE Arranges Sale of 154K-SF Light Distribution Facility in Medley
CBRE has brokered the sale of Medley Light Industrial, a newly constructed, 154,479-square-foot light distribution warehouse in Medley, FL. The sales price was not disclosed.
Located at 14001 NW 112th Ave., the facility features 32-foot clear heights, rear loading with dock-high doors, 120-foot truck court depths, ESFR sprinklers, and 8% overall office finish.
Christian Lee, Chris Riley, and José Lobón of CBRE represented the seller, a joint venture between EverWest Real Estate Investors and TRX Investments, in the transaction. The buyer was Boston-based institutional investor TA Realty.
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector.
Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA.
David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.