Cushman & Wakefield Represents Harbert Management Corporation In $81M Sale Of Broward Industrial Portfolio
The portfolio totals 354,336 square feet and includes eight buildings.
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The portfolio totals 354,336 square feet and includes eight buildings.
The 8-story tower features 25,000-square-foot floorplates, a 10,000-square-foot fine-dining restaurant, and an exclusive tenant-only rooftop patio.
Elias G. Patsalos, CCIM, MSIRE, President/Broker with Agora Real Estate Group, represented both the buyer and seller in the transaction.
The assets total 197,608 square feet.
The office expansion follows the company’s launch of a commercial real estate investment fund targeting $100 million to acquire and develop early childhood education properties nationwide.
With nearly 33,000 square feet in a highly competitive submarket, the property offers Longpoint Partners a foothold in one of the region’s most sought-after industrial areas.
“This refinancing reflects both the quality of the portfolio assets and continued strength of the Boca Raton office market,” PEBB Enterprises CEO Ian Weiner said.
The new loan replaces a $20 million loan provided by Amerant Bank in 2024.
The lease deal was negotiated by Gordon Messinger of CBRE.
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