Tiktin Real Estate Investment Services (TREIS) announced the sale of a 6.14-acre vacant site ripe for redevelopment at 1698 N. Andrews Ave. in Pompano Beach.
Butters Group, led by Malcolm Butters, acquired the site from Florida Waves Project, LLC for $3,911,333. Adam J. Tiktin, president and broker of TREIS, represented both the Buyer and Seller in the transaction.
Closing took place April 6.
The property is located just off I-95 between West Atlantic Boulevard and West Copans Road and offers 920 feet of frontage along North Andrews Avenue. The site is situated in a predominantly industrial area, near powerhouse companies such as UPS, Whole Foods, Public Storage, Old Dominion, Cemex, Restaurant Depot and more.
The site is zoned for office and industrial use.
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.
And we promise…no more than one email each morning.