CushWake Arranges $14M Sale of Industrial Property in Wellington
Cushman & Wakefield has arranged the $14.1 million sale of Fortune Way Bays, a three-building infill light industrial property in Wellington, FL.
Located at 3125-3141 Fortune Way, the property sits within Wellington Park of Commerce, a 40-acre master planned business campus consisting of approximately 600,000 square feet of office, flex and self-storage units. Fortune Way Bays is 100% leased to more than 40 tenants ranging from light industrial to athletic and recreational uses.
Greg Miller, Scott O’Donnell, Dominic Montazemi, Mike Ciadella, Miguel Alcivar and Jason Hochman of Cushman & Wakefield represented the seller, Pine Plaza Properties LLC, in the transaction. Kirk Nelson and Robert Smith of CBRE were also part of the listing team. Chandaris Investment LLC acquired the property.
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.
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