With a wealth of experience in commercial real estate, marketing, and communications, she joins Altman from her previous role at JLL where she worked in office leasing, property marketing and client relations.
The 52,500-square-foot property sale was facilitated by the ROI Group of SVN Commercial Partners’ Adam H. Klein and Elon Gerberg represented both parties.
The sale highlights the continued strength of the industrial real estate market in Fort Lauderdale, driven by increasing demand for warehousing solutions.
The new agreement secures 83,793 square feet of space, which includes an expansion of 14,560 square feet.
Peter “PJ” Apol and Ryan Goggins of Sunbeam Properties & Development represented the Park in the transactions, with Bob Banks of R.W. Banks Real Estate and Audley Bosch of JLL representing tenants.
“This off-market sale was uniquely timed, allowing both parties to capitalize on the opportunity.”
The bankruptcy petition estimates the Hollywood warehouse’s value at $3 million and the Dania Beach condos at $850,000.
In addition to ample square footage, the project will feature 32’ clear height, 16 loading docks, two ramps, a 120’ truck court and surface parking. The Butters organization will serve as the exclusive leasing agent.
Summit Realty acquired the vacant land for $20 million in 2023.
Foundry originally acquired the site for $8.75 million in 2022