Search
 

Investor Takes 160,000-SF Industrial Portfolio

TALLAHASSEE, FL-A Florida-based investor acquires the six buildings on 60 acres with plans to develop more space in the future.

By Natalie Keith | Updated on June 22, 2007

(Read more on the industrial market.)

TALLAHASSEE, FL-A Florida-based investor has acquired a six-building, 160,000-sf industrial portfolio occupied by various entities of the State of Florida. While those involved in the deal would not comment on the price, sources in the area put the range from $10 million to $15 million. The property is 100% occupied.

Calkain Institutional Advisors, the institutional brokerage division of Reston, VA-based Calkain Cos., handled the marketing and sale of the transaction. President Jonathan Hipp, managing director Joel Kahn and associate Brett Pagani represented the seller, Gainesville-based Capital Circle Commerce Park LLC.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.