Granite REIT acquires fully leased logistics center in Coral Springs
United States, July 2 -- JLL Capital Markets announced the sale of Coral Springs Logistics Center, a recently constructed, fully leased industrial property in Broward County, Florida.JLL represented the seller, a venture between Barings Real Estate and Arkadia Property Group, in the transaction with Granite REIT acquiring the asset.The 124,500-square-foot property consists of two read-load buildings completed in 2021, leased to Exclusive Trim, Inc., a regional wholesale building materials company, and Marc Refrigeration, a leading manufacturer of commercial refrigerators.Located at 3850-3872 NW 126th St. in Coral Springs, Florida, the property is strategically positioned adjacent to the Sawgrass Expressway, connecting to Florida's Turnpike,...
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