MIAMI-Score another win for Transwestern. The privately-held commercial real estate firm just started a new assignment--managing 3,986,454 square feet of industrial space across Florida for Cabot Properties.
The four million-square-foot portfolio includes 25 properties, most of which are located in Broward and Palm Beach Counties. Just more than one million square feet is located in Central Florida, a region Transwestern is eyeing for continued growth.
“From a square footage standpoint, the Cabot deal mirrors the RREEF portfolio, with the exception that there is a component in Jacksonville,” Walter Byrd, managing director of Transwestern, tells GlobeSt.com. “With this assignment, we have grown to over 7.4 million square feet of institutional property management within the industrial sector throughout Florida.”
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