Stream Realty Partners Facilitates Sale Of Pompano Beach Industrial Development Site
The buyers plan to redevelop the site into a modern industrial campus comprising two Class-A warehouse buildings totaling approximately 182,000 square feet.
The buyers plan to redevelop the site into a modern industrial campus comprising two Class-A warehouse buildings totaling approximately 182,000 square feet.
CCRE services a wide range of asset types, including single-family, multifamily, office, retail, mixed-use and hospitality in Miami-Dade, Broward and Palm Beach counties.
Both professionals will report to Chris Drew, Senior Managing Director and Miami Office Head.
The seller was represented in the transaction by Berger Commercial’s experienced team comprised of Senior Vice President Keith Graves, SIOR, CCIM, Sales Associate Daniel Forman, Senior Vice President Jonathan Thiel, and Vice President Lawrence Oxenberg.
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The exclusive leasing team for the project—Sky Groden, SIOR; Ken Morris, SIOR; and Jeremy Cain of JLL—represented Bridge in the lease transaction.
The 689,940-square-foot portfolio consists of 20 warehouse buildings located in the Medley submarket.
Groden worked on behalf of the buyer, Jon Samuel of Midtown Group, in the sale from Realty Income. Palm Beach County has plans to occupy the property.
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The loan was arranged by Steve Roth, Bill Jurjovec and team at CBRE’s Debt & Structured Finance group.
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