July 10, 2020 Comments Off on CushWake Arranges $58M Sale of Logistics Center in Ocala Views: 586 Central Florida, Florida News, Top Florida

CushWake Arranges $58M Sale of Logistics Center in Ocala

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Cushman & Wakefield has arranged the $58.4 million sale of Florida Crossroads Logistics Center, a 617,055-square-foot industrial facility in Ocala.

The recently built facility is situated on more than 46 acres and is fully leased on a long-term triple-net lease. The building features 36-foot clear heights, cross dock configuration, 52’ x 56’ column spacing, 200-foot deep truck court, up to 221 trailer parks, 120 dock door positions, full HVAC and ESFR sprinklers.

Mike Davis, Stewart Calhoun, Rick Brugge, Rick Colon and Casey Masters of Cushman & Wakefield represented the seller, a joint venture led by Red Rock Developments and Wharton Industrial, in the transaction. An affiliate of Lexington Realty Trust, an industrial real estate investment trust, acquired the property.

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