CBRE Arranges Sale Of 156,500 SF Office Building For $39 Million
Benjamin H. Silver and Charlie Manuel with CBRE represented the seller and procured the buyer.
Benjamin H. Silver and Charlie Manuel with CBRE represented the seller and procured the buyer.
With over 16 years of experience in the real estate industry and a track-record as a top producer, he has negotiated more than seven million square feet of leased office space for clients that span over 1,000 transactions, which involved strategic real estate planning, workplace strategy, financial consulting and transaction management.
All three properties were fully leased at the time of sale and were previously owned by one private investor who sold each property to a different buyer.
Coastal Commercial Group’s Ingrid Kennemer, CCIM represented TRX with its multi-year lease to move into a state-of-the-art, 12,000-square-foot property. Drew Schaul, Paul Grossman, and Alex Cesar of CBRE represented the landlord.
Sentry Data Systems will relocate its employees from its current office at 800 Fairway,
The tenant is doubling its office space, adding a second floor to its previous lease at the mixed-use development, bringing the company’s total footprint to about 37,000 square feet.
John Criddle, Joe Freitas and Max Pawk with CBRE will be marketing the property for lease.
The purchase represents the expansion of the companies’ manufacturing facility from an 18,000-square-foot location in Fort Lauderdale to more than double the space at the new site in Pompano Beach.
CBRE’s Larry Genet, Tom O’Loughlin, and Zack Krawiec negotiated the sale.
The property consists of six parcels with T6-36A-L zoning, which allows for the highest density and greatest variety of uses within Miami’s urban core, including 382,020 buildable square feet and a maximum height of 36 stories.
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