Medley Industrial Building Trades For $16.35 Million
Elias G. Patsalos, CCIM, MSIRE, President/Broker with Agora Real Estate Group, represented both the buyer and seller in the transaction.
Elias G. Patsalos, CCIM, MSIRE, President/Broker with Agora Real Estate Group, represented both the buyer and seller in the transaction.
The assets total 197,608 square feet.
With nearly 33,000 square feet in a highly competitive submarket, the property offers Longpoint Partners a foothold in one of the region’s most sought-after industrial areas.
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The 5,279-square-foot industrial automotive facility is situated on 0.6 acres just south of Downtown Fort Lauderdale.
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The South Florida-based commercial real estate investment firm is targeting high-quality Southeast U.S. acquisitions.
The seven-building park totals 144,874 square feet.
The property, purchased for over $8.5 million, consists of two buildings totaling 35,782 square feet on 3.25 acres.
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