CBRE Executes Sale Of Fully Leased Industrial Portfolio In Pompano Beach
The two-building portfolio was fully leased at the time of sale.
The two-building portfolio was fully leased at the time of sale.
“We are thrilled to have Rosemary join our team,” said Lloyd C. Berger, President of Berger Commercial Realty. “Her extensive experience and proactive approach to property management are invaluable assets that will enhance our service delivery and operational efficiency.”
The facility was sold by Elion Partners and acquired by Link Logistics.
The company will move its headquarters from Sunrise to Davie.
Noah Ohayon with CBRE Industrial & Logistics secured the deal on behalf of the buyer.
JLL Capital Markets arranged the $100,000,000 financing for the nine-industrial-warehouse portfolio.
Mike Davis, Dominic Montazemi, Rick Brugge, and Rick Colon of Cushman & Wakefield arranged the sale on behalf of both the seller and buyer.
The company will continue to lease and thrive in this location.
Everett has completed more than $650 million in transactions throughout his career.
The newest flurry of leasing activity has reduced the Park’s flex office vacancy rate by six percentage points, to 4% overall. As a whole, the Park is 98% leased.
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