Small Bay Daily - February 25 - CBRE sells Boston area shallow bay facility for $11,775,000

Good morning. This is Small Bay List, and we keep you informed.

→ We are here to serve the owners, brokers, and tenants who are interested in small bay, shallow bay, and mid bay industrial. Do us a favor and forward this email to your favorite industrial pro. They can sign up here.

Now, let’s get to it.

NEWS ROUNDUP

DISPOSITION: CBRE sells Boston area shallow bay facility for $11,775,000. CBRE has brokered the sale of 40 Industrial Drive in Canton, Massachusetts. The property features a 59,122 SF multi-tenant industrial building. The CBRE deal team of Roy Sandeman, Scott Dragos, Chris Skeffington, Doug Jacoby, Tim Mulhall, Anthony Hayes, and Daniel Hines represented the seller, Berkeley Partners, in the transaction. The buyer was Seyon.

DISPOSITION: DB2RE sells small bay in the Dallas-Fort Worth area. Davidson Bogel Real Estate (DB2RE) has brokered the sale of 3595 Roy Orr Boulevard in Grand Prairie, Texas. The 2 acre property features a 21,000 SF industrial building. The buyer was J&E Companies. David Guinn and David Davidson Jr. with DB2RE represented the seller, Firefly Metals, in the deal.

LEASE SIGNED: L&A leases small bay space in Dallas-Fort Worth area. Lee & Associates has facilitated the leasing of 1,800 SF at 2100 North State Highway 360 in Grand Prairie, Texas. Schaefer Amos with L&A represented the tenant, National Golf Classics Inc., in the transaction. Nick Fulton with Mercer Co. represented the landlord, Grand Prairie GPRV Partners 50 LLC.

LEASE SIGNED: Equity leases small bay facility in Orlando, FL. Equity Commercial Real Estate Solutions has facilitated the leasing of 4,005 SF at 4071 L B McLeod Road in Orlando, Florida. Jordan Characo with Equity represented the tenant, Pura Vida Engineering, in the deal.

PEOPLE MOVES: BKM hiring for Acquisitions & Dispositions Analyst. BKM Capital Partners is looking for an Analyst of Acquisitions & Dispositions to work out of its Newport Beach, California, office. The responsibilities of the role include conducting market research, performing financial modeling and underwriting for potential acquisitions, and managing a pipeline of light industrial acquisition opportunities. For more information, contact Patrick Zepeda.

READ: Small bay industrial availability near all-time low, big-box availability near 10-year high.

SMALL BAY PROPERTIES FOR SALE

Click on each photo for more information.

17,520 SF Total | 2 Buildings | 5 Units | 100% Leased | 6.12% Cap Rate | Value-Add Opportunity | Close to Asheville and Asheville Regional Airport

26,342 SF | Nearly 1 AC of Industrial Outdoor Storage Yard Space | 3 Tenants | Opportunities for Full or Partial Owner Occupancy | Easy Access to Hialeah Expressway, Palmetto Expressway, I-95, and Miami Intl. Airport

15,180 SF | 1.18 AC | (4) 1,900-5,000 SF Suites | 100% Leased | 9 Grade-Level Doors

SMALL BAY PROPERTIES FOR LEASE

Click on each photo for more information.

13,500 SF | 9,000 SF Outdoor Fenced Storage | (2) 12’x14’ Grade-Level Doors | (1) 14’x20’ Grade-Level Door | Upgraded LED Lighting

2 Suites Available | 5,000 SF per Suite | 1 Dock-High Door per Suite | 18’-20’ Clear Heights | Close to GA-400

(15) 1,950 SF Spec Suites | (30) 975/SF Spec Suites | 9 Buildings | 83,400 SF of Custom Size/Finish out | 10-15 Minutes from Downtown Fort Worth

ONE MORE THING

→Try our resources for small bay pros:

Search Properties (beta) | Small Bay News | Comps | Professional Network

Advertise Listings | Share a Closing Announcement