Avison Young principal and Miami managing director Michael Fay, and principals Jay Ziv, John Crotty and David Duckworth. Courtesy photos
Avison Young worked through stalled marketing that began before Sears' bankruptcy filing.
December 17, 2019 at 01:14 PM
1 minute read
South Florida real estate reporter
A South Florida Avison Young team sold a huge Sears distribution facility in Central Florida for $70 million in a deal that was temporarily stalled by Sears’ bankruptcy filing.
Sears parent company Transform Holdco LLC sold Transformco Distribution Center in Ocala on Oct. 24 to New York-based industrial real estate company Reich Brothers LLC under a sale-leaseback agreement allowing Transform Holdco to stay in place as a tenant.
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