{"id":1922,"date":"2020-01-03T09:33:11","date_gmt":"2020-01-03T14:33:11","guid":{"rendered":"https:\/\/www.meyer.media\/?p=1922"},"modified":"2020-01-03T09:33:11","modified_gmt":"2020-01-03T14:33:11","slug":"%e2%80%8c%e2%80%8ccushman-wakefield-negotiates-3-5m-sale-of-%c2%b1132-acre-development-site-in-fort-pierce%e2%80%8b","status":"publish","type":"post","link":"https:\/\/www.meyer.media\/2020\/01\/03\/%e2%80%8c%e2%80%8ccushman-wakefield-negotiates-3-5m-sale-of-%c2%b1132-acre-development-site-in-fort-pierce%e2%80%8b\/","title":{"rendered":"\u200c\u200cCushman & Wakefield Negotiates $3.5M Sale of \u00b1132-Acre Development Site in Fort Pierce\u200b"},"content":{"rendered":"
\"Crossroads<\/a>
Crossroads Business Center Aerial<\/figcaption><\/figure>\n

Christopher Thomson, Chris Metzger, Richard F. Etner Jr. and Matthew G. McAllister represented IDI Logistics in the Sale of the Site to FLF Holdings<\/em><\/strong><\/p>\n

FORT PIERCE, FL, January 3, 2020<\/strong> \u2014 Cushman & Wakefield<\/a> has negotiated the sale of a \u00b1132.41-acre development site in St. Lucie County, FL.<\/p>\n

The South Florida industrial team of Christopher Thomson<\/a>, Chris Metzger<\/a>, Richard F. Etner Jr.<\/a> and Matthew G. McAllister<\/a> represented Atlanta-based IDI Logistics<\/a> in the disposition. FLF Holdings<\/a> acquired the land for $3.5 million ($26,546 per acre) and was represented by Robert Smith of CBRE.<\/p>\n

The site, named Crossroads Business Center, is located just south of Okeechobee Road at the convergence of Interstate 95 and Florida\u2019s Turnpike in Fort Pierce<\/a>. The property encompasses \u00b184.65 acres of developable land and is the second phase of Crossroads Park of Commerce, located immediately north of the site.<\/p>\n

Initial plans for the site, under IDI Logistics\u2019 guidance, include five industrial buildings ranging from \u00b1140,000 to \u00b1400,000 square feet or a single, \u00b11.2 million-square-foot, built-to-suit structure.<\/p>\n

The property\u2019s location provides immediate access to Interstate 95 and Florida\u2019s Turnpike via Okeechobee Road. When developed, the site will offer frontage potential along Interstate 95.<\/p>\n

\u201cCrossroads Business Center offers users the opportunity to locate their operations in a highly visible, centrally located park in a dynamic market that continues to attract high-profile companies such as Walmart, the PGA Tour, Pepsi and Tropicana,\u201d said Thomson.<\/p>\n

The eight-member South Florida Industrial team led by Metzger, Etner Jr. and Thomson has negotiated just over 5.5 million square feet of sale and lease transactions valued at more than $168 million to date in 2019. For more information, please visit www.southfloridaindustrialteam.com<\/a>.<\/p>\n

About Cushman & Wakefield<\/strong><\/p>\n

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit\u00a0www.cushmanwakefield.com<\/a> or follow @CushWake<\/a> on Twitter.<\/p>\n

Media Assets<\/strong><\/p>\n

Site Aerial<\/a>
\nChristopher Thomson Headshot<\/a>
\nChris Metzger Headshot<\/a>
\nRichard F. Etner Jr. Headshot<\/a>\u00a0
\nMatthew G. McAllister Headshot<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Cushman & Wakefield South Florida industrial team of Christopher Thomson, Chris Metzger, Richard F. Etner Jr. and Matthew G. McAllister has negotiated the $3.5 million sale of a \u00b1132.41-acre industrial development site Fort Pierce, FL.<\/p>\n","protected":false},"author":1,"featured_media":1914,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5],"tags":[491,307,309,49,2668,2669,4,448,700,2667,29,2666,2503,123,9,1066,1102,871,35,368,2665,2664],"class_list":["post-1922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pr","tag-cbre","tag-chris-metzger","tag-christopher-thomson","tag-commercial-real-estate","tag-crossroads-business-center","tag-crossroads-park-of-commerce","tag-cushman-wakefield","tag-development","tag-disposition","tag-flf-holdings","tag-florida","tag-fort-pierce","tag-idi-logistics","tag-industrial","tag-land","tag-matthew-g-mcallister","tag-richard-f-etner-jr","tag-robert-smith","tag-sale","tag-south-florida","tag-st-lucie-county","tag-treasure-coast"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.meyer.media\/wp-content\/uploads\/2019\/12\/crossroads-business-center-aerial-scaled.jpg?fit=2560%2C1905&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p79IL5-v0","_links":{"self":[{"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/posts\/1922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/comments?post=1922"}],"version-history":[{"count":1,"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/posts\/1922\/revisions"}],"predecessor-version":[{"id":1923,"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/posts\/1922\/revisions\/1923"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/media\/1914"}],"wp:attachment":[{"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/media?parent=1922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/categories?post=1922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/tags?post=1922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}