Saturday, November 1, 2008

Cushman & Wakefield Negotiates Central Florida's Largest Industrial Investment Sale

TAMPA, FL-– Cushman & Wakefield negotiated the sale of Breckenridge Park (top right photo) 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.

Contact: Debbie P'Simer, Brokerage Coordinator, The Davis Team, Cushman & Wakefield, Inc., One Tampa City Center, Suite 3600, Tampa, Florida 33602. PH 813 204 5333.

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