Franklin B. Morrison Negotiates Sale Of Small Bay Warehouse Building To Investor
Weaver Morrison Commercial Real Estate Principal Franklin B. Morrison negotiated the sale of another ±9,100-square-foot small bay warehouse property in Oakland Park on behalf of the sellers, Ronald J. & Margaret W. Demars.
The buyer, Level II Northwest LLC, paid $1,820,000 for the property, located at 3560-3570 NW 10th Avenue in Oakland Park. Luisa Nicholls of Keller Williams Capital represented the buyer.
“The volume of activity on this property speaks to how strong demand for the small bay warehouse product is, even in the $200 per square foot price range,” commented Morrison.
Morrison has achieved remarkable success with the industrial, multi-tenant, and small bay warehouse product. As a result of these efforts, he has assembled a substantial client list that significantly improves his success in the marketing and sale of this product type.
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