Guardian Life Insurance Company made a $48 million loan secured by One Park Square, an 11-story office building in Doral.
Commercial real estate brokerage firm CBRE arranged the financing on the 281,786-square-foot building at 3470 Northwest 82nd Avenue.
Multi-story warehouse development hasn’t caught on quite yet in the US, but it’s a big trend in some Asian countries that would require an overhaul of 18-wheelers to be fully realized here, says Mike Kendall, executive managing director in Colliers International’s Irvine, CA, office.
Kendall oversees Colliers’ institutional industrial investment platform for the West Coast, teaming with local experts in various markets in that region. GlobeSt.com sat down with him for a chat about the top industrial capital-markets trends he’s noticing and anticipating to grow in 2018.