Apex Capital Realty Closes Sale Of Industrial Development Site
The transaction marks one of the highest sales for industrial land in North Fort Lauderdale.
The transaction marks one of the highest sales for industrial land in North Fort Lauderdale.
Berger Commercial Realty/Corfac International Managing Director-Palm Beach County Michael Feuerman, Esq., SIOR, CCIM and Sales Associate Daniel Silver, along with Matt Sultenfuss, SIOR, Managing Partner at Tampa-based Avocat Group, negotiated the deal on behalf of the tenant.
This marks the fourth time winning this prestigious honor from NAIOP’s South Florida Chapter in the past six years.
Matt McAllister, Chris Metzger, Rick Etner, and Christopher Thomson represented building owner Black Creek Group in the lease of the ±25,300-square-foot warehouse and distribution center.
This is the first time the property has sold since it was established over two decades ago.
The first phase of Seagis @ Port 95 spans three industrial buildings, totaling 142,000 square feet.
An industrial real estate veteran with 30 years of experience was tapped to lead the new venture.
The new hire comes as State Street Realty celebrates its 10th year in the commercial real estate business and closes 2021 with another record breaking year.
“The Buyer plans to make capital improvements to the property,” explained Thiel. “These small bay warehouses/apartment properties are rare and great investments to have in today’s market.”
Larry Genet and Tom O’Loughlin with CBRE represented Industrial Outdoor Ventures in both the purchase and lease of the property.
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