CBRE has arranged the sale of a 1,373,710-square-foot industrial portfolio in Jacksonville, FL. Dallas-based Hillwood Investment Properties purchased the portfolio from Invesco Real Estate. CBRE’s Jose Lobón, Trey Barry, and Frank Fallon, represented the seller.. The CBRE National Partners sales team was assisted by Royce Rose and Alain Bonvecchio as well as Ben Stewart, first vice president with CBRE’s Industrial Advisory and Transaction Services group in Jacksonville. The portfolio consists of two Class-A bulk cross-dock distribution buildings in Jacksonville’s highly sought after Westside industrial submarket. At the time of sale, … Read more

Would you like to invest in a truly passive commercial real estate investment for the next 15 years where there are no management responsibilities, no landlord duties, no evictions, and no toilets to clean? It’s like clipping coupons, or getting mailbox money on a monthly basis. Sound too good to be true? Well, surprisingly it’s not. That is what we call a triple net lease investment. In this blog I will illustrate to you exactly how a triple net lease works in commercial real estate. What is a Triple Net … Read more