Berger Commercial Realty Expands Brokerage Team
He will be focusing on industrial leasing and sales within the South Florida market.
He will be focusing on industrial leasing and sales within the South Florida market.
The buyer paid $5,350,000 for the asset.
Here are the most popular news headlines this past week on CRE-sources.
CBRE’s Larry Genet and Tom O’Loughlin represented the landlord in the deal.
The properties, located at 3240 SE 6th Avenue and 501 SE 33rd Street in Fort Lauderdale were sold to an owner/user for $1,475,000.
Here are the most popular news headlines this past week on CRE-sources.
Bridge Industrial had the property rezoned and subsequently built two Class A industrial Building for a total of ±174,129 SF.
The sale price equates to $136,750 price per unit; $200 per square foot; and a 4.8% capitalization rate.
Here are the most popular news headlines this past week on CRE-sources.
The sale was a classic value-add opportunity with rents at 10-20% below market for small bay warehouses.
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