The tenant, a major wholesaler and distributor of Asian food products, will be relocating and expanding from its current location at 1728 Park Central Blvd S. in Pompano Beach, where it currently occupies 32,954 square feet.
Beck and Byrnes represented the seller, Benson Properties Inc., in the transaction. No outside brokers were involved in the deal.
Senior Vice President Kimberly Barbar is handling the sale.
The partnership plans to develop a 200,000 square foot industrial building on the 12.5-acre site.
The lease deal comes on the heels of 96,728-square-foot lease deal, which the Berger Commercial Team negotiated earlier this month.
Seagis Property Group bought a warehouse development site near Fort Lauderdale-Hollywood International Airport for $29.5 million, marking its ongoing bet on the booming South Florida industrial market. The Conshohocken, Pennsylvania-based company bought the Alamo Rent A Car-leased property at 1700 Eller Drive from Eller Drive Properties, according to a spokesperson for Vanguard Realty Advisors. Jonathan […]
The Bridge Point 595 location marks a new Florida location for the company.
Infinity Properties’ Shane Decker and Brett Schlacter acquired the assets from private jet giant Sheltair Aviation.
Lee & Associates South Florida President Matthew Rotolante and Vice President Conner Milford represented tenants in the deals.
Berger Commercial Realty Vice President Jonathan Thiel, Senior Vice President Keith R. Graves, CCIM and Sales Associates Daniel Forman represented the landlord in executing the lease.