Demonstrating how two CCIMs can work highly effectively together, John Fifer, CCIM and Justin Beck, CCIM represented both the seller and buyer for the CharterBank Building when the property changed hands this summer.
The property, located at 1289 Airport Blvd., in downtown Pensacola, sold for $3.5M.
“This $167/SF is a very high price per square foot for this market,” Fifer explains, adding, “This has been one of the larger office building sales in the past six months.”
CharterBank building is one of the premier office locations in the Pensacola market. The property is located adjacent to the Sacred Heart Hospital Campus and on the high traffic corridor of Airport Blvd. The building itself is anchored by CharterBank on the first floor and has high quality office space on the 2nd and 3rd floors. Floor to ceiling windows allow for fantastic views of the surrounding area, Fifer explains.
Fifer is a Senior Associate with Beck Partners and the 2016 President of the Panhandle District.