Cushman & Wakefield Secures Management Rights To 1.2 MSF In Central Florida

Cushman & Wakefield announced that its Florida Asset Services Group has secured the management rights to 12 buildings totaling 1,189,570 square feet (MSF) throughout Central Florida. The buildings comprise a mix of industrial, office, and flex space. These recent successes build on the tremendous momentum Cushman & Wakefield’s Asset Services Group has established in Florida since 2013. At that time, Cushman & Wakefield’s Florida management portfolio stood at 5.3 MSF. The group was able to grow the portfolio to 18 MSF by September 2015. Today, a little over one year later, the statewide portfolio has increased dramatically to 43 MSF.  

“Cushman & Wakefield has made a concerted effort to aggressively grow its Asset Services platform in the state of Florida,” said Tim Rivers, Senior Managing Director of Asset Services in Florida . “We’ve been able to increase our footprint significantly via merger, acquisition and dogged business development efforts.”

“The driving force behind this growth are the hundreds of incredible professionals who make up our Florida Asset Services Group,” added Rivers. “We’ve been able to assemble the top professionals in our industry, who consistently perform above and beyond, and property owners have taken notice.”

Information about each of Cushman & Wakefield’s recent successes can be found below: Beachline Distribution Center and Crossroads Business Park • Orlando, FL

Cushman & Wakefield was awarded the 946,379-square-foot management contract for Beachline Distribution Center and Crossroads Business Park, four one-story warehouse and distribution buildings in Orlando. Beachline Distribution Center comprises two buildings at 2501 and 2507 Investors Row developed between 1997 and 1999. Crossroads Business Park includes two one-story buildings at 401 and 405 Gills Drive developed in 2001.

    3785 Bryn Mawr Street • Orlando, FL Cushman & Wakefield was awarded the management contract for 3785 Bryn Mawr Street, a 121,200-square-foot industrial building in Orlando. The two-story asset was developed on a 7.4-acre site in 1967. 4500 Seaboard • Orlando, FL Cushman & Wakefield was named asset manager for 4500 Seaboard, a two-building, 97,213-square-foot industrial campus at 4500 Seaboard Road in Orlando. The two one-story buildings were developed on a 5.0-acre site in 1987.     202 Lake Miriam Drive • Lakeland, FL Cushman & Wakefield was awarded the management contract for 202 Lake Miriam Drive, a 24,778-square foot office building in Lakeland, FL. The one-story asset was developed on a 2.24-acre site in 1972.  

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