(Save the date: RealShare Industrial 2012 comes to The Bankers Club, Miami, December 5 - 6.)
MIAMI—JAS Forwarding Worldwide, a privately owned freight forwarding and logistics provider, just sold its 70,000-square-foot class A industrial building for $7.05 million. In a creative deal, JAS will lease back the entire building from its new owner, Industrial Income Trust.
CBRE vice president Devin White, along with senior vice president David Albert and associate Andrew Lehrer, represented the seller in the disposition. CBRE also negotiated the leaseback for JAS. CBRE’s Jack Fraker is serving as moderator of the Development Update Panel at RealShare Industrial in Miami on December 5 and 6.
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