Cushman & Wakefield Arranges $20.7M Sale Of Pompano Beach Manufacturing & Distribution Facility
The facility was sold by Elion Partners and acquired by Link Logistics.
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The facility was sold by Elion Partners and acquired by Link Logistics.
Roughly 50 percent of the retail space is pre-leased.
Buccan is known for its inventive American cuisine and nominated for the prestigious James Beard Award.
The 33-story bayfront tower is more than 90% occupied.
The landlords were represented by Juan Ruiz, Andres del Corral, Jack Davidson, Jessy Aguila, and Tere Blanca, of Blanca Commercial Real Estate in the lease transaction. Brent Woodruff, Matthew Goodman, and Tyler Wyant from CBRE represented the tenant.
The 64-month renewal comprises two full floors, keeping the 4-story building 98 percent occupied.
Here are the most popular news headlines this past week on CRE-sources.
The 55,000-square-foot automotive retail property was formerly occupied by the MINI franchise, which relocated to the new Lauderdale BMW dealership located 7 blocks north.
Redfearn Capital currently owns over 4.5 million square feet of industrial properties in the Southeast.
Built between 2000 and 2006, the buildings, which total 373,228 square feet, are 79% leased.
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