CWK - Cushman & Wakefield sells 2 warehouse/distribution facilities in Miami for $74M
Cushman & Wakefield (NYSE:CWK) sells 2 cold storage warehouse/distribution facilities totaling approx. 315K sq. ft. in Miami for around $74M. The company secured $55.7M in financing through AEW Capital Management on behalf of the buyer, a joint venture between Banner Property Group and an institutional investor. The facilities were built for cold storage users and include a large amount of freezer space and ample trailer parking for infill properties.
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Cushman & Wakefield sells 2 warehouse/distribution facilities in Miami for $74M