CBRE’s Robert Smith, Kirk Nelson and Jeff Kelly Arrange Sale Of 132-Acre Development Site
CBRE Executive Vice President Robert Smith, Senior Vice President Kirk Nelson and Executive Vice President Jeffrey Kelly facilitated the sale of a ±132.41 acre development site located on Okeechobee Road between I-95 and Florida’s Turnpike in St. Lucie County, Florida.
The Silverman Group, based in New Jersey, purchased the site from FLF Holdings and plans to develop the site for large bulk warehouse distribution tenants. The Silverman Group is a privately owned and operated private equity and real estate development organization based in Basking Ridge, New Jersey. The firm owns and manages over 19,000,000 square feet of office, industrial, retail, and aviation properties as well 4,000 multi-family units throughout the United States. It has over 5,000,000 square feet of commercial space and 4,000 multi-family units currently under development in 7 states.
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