2700 Gateway Drive-Pompano Beach_Photo Courtesy of Berger Commercial Realty 1800x600

Berger Commercial Realty’s Jordan Beck Reps Buyer In $9.2 Million Industrial Property Purchase

Berger Commercial Realty/Corfac International Vice President Jordan Beck represented the buyer, 2700 Gateway LLC, in the purchase of a 45,000-square-foot industrial property.

Located at 2700 Gateway Drive in Pompano Beach, the building features dock high loading, 18.5-foot clear height, and a fenced yard area.

2700 Gateway LLC paid $9,177,500 to the seller, Alliance 2700 Gateway LLC, which was represented by Tony Hoover of CBRE.

The transaction closed November 22.

A roofing company occupies about a third of the property. The buyer intends to occupy the remainder of the property, which perfectly accommodates the buyer’s growing business, Zev Supplies, which sells and distributes breast pumps nationally.

Jordan Beck 500x500“Alliance purchased the property 2 years ago and has completed a substantial number of upgrades, including an environmental cleanup and leasing a portion of the property, which has allowed for a substantial amount of value to be delivered to the buyer and a great return on investment to the seller,” explained Beck.

 

 

 

-------------------------

Get the latest industry news and information from CRE-sources delivered right to your email inbox!

And we promise…no more than one email each morning.

 

CLICK HERE TO SUBSCRIBE TODAY!