CBRE completes the largest commercial land sale in Cajamar
Representing the interests of a family office based in São Paulo, CBRE Brazil’s Department of Land Services successfully closed one of the largest transactions for commercial land for type Triple A logistics facility parks.
CBRE was hired exclusively by the owner family to first conduct a development study of the parcel in question, through which it could identify the logistical use of the property, as well as estimate the potential sales value of this area. Then CBRE coordinated all the negotiations representing the owners up to the closing on the contract.
The parcel of approximately 492,000 m2 already had all the environmental approvals and licenses necessary for the construction of a new logistics park of approximately 133,500 m2 by ABL and represented the largest cash-based commercial land sale for logistics in Cajamar.
For more information, please contact Denis Espinosa or Maurício Muniz from CBRE at (11) 5185-4688.