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B+E, the first brokerage and technology platform for net lease real estate, today announced the sale of the EMCOR Facilities Services Headquarters in Cincinnati, Ohio for $6,525,000.
The EMCOR office is located within the coveted I-175 Aerospace Technology Corridor. This corridor is home to the world headquarters for GE Aviation, Formica, and Gold Metal Products.
“B+E was able to procure multiple offers while navigating an ever-evolving single-tenant office market,” said B+E Director Spencer Henderson. “The deal was an entire team effort- from picking the right buyer to last-minute lease hurdles. It was a pleasure working with both buyer and seller on this transaction.”
Despite a challenging office market, B+E achieved an above-market exit cap rate with a short transaction timeline.
For more information on the sale or about net lease investing in general, contact Spencer at shenderson@tradenetlease.com or go to www.tradenetlease.com.
About B+E
B+E is a modern investment brokerage firm, specializing in net lease real estate. The firm helps clients buy and sell single tenant real estate. Founded by deeply experienced brokers, B+E redefines trading through an intuitive end-to-end transaction platform consisting of user-friendly dashboards and an AI-driven exchange — all leveraging the largest data set in the net lease industry.
Complementing senior talent with exceptional technology, B+E’s proprietary process affords greater speed, unrivaled transaction efficiencies, and stronger asset value. With offices in New York, Chicago, Atlanta, Tampa, Charlotte, Dallas, Orange County and San Francisco, its brokers trade property for clients across the US. B+E allows virtually anyone to confidently trade net lease real estate.
