“The buyer was in a 1031 exchange and paid full price for the asset, because they understood the value of the property and this location,” says Marcus & Millichap's Mark Taylor.
“We were a little bit ahead of the curve in terms of understanding where values are headed in this cold storage subsector,” says HFF's Greg Nalbandian.
Dallas-Fort Worth holds up as the third most attractive market for industrial development and investors listed DFW the second most desirable investment market for the third year in a row.
If rumors are true, Amazon would move thousands of operations employees across Lake Washington to Bellevue Corporate Plaza, which would house this team tasked with ensuring package delivery.
Hanerfeld, who leased more than 4 million square feet of office space since 2008 when he joined Cushman & Wakefield, will report to Mike DiBlasi, the newly appointed managing director of CBRE's Tampa office, who left Feldman Equities and joined CBRE in February.