Lee & Associates South Florida Appoints C. Todd Everett As Principal
Everett has completed more than $650 million in transactions throughout his career.
Everett has completed more than $650 million in transactions throughout his career.
At $415 per square foot, the transaction set a new price per square foot record for the submarket.
Principal Greg Milopoulos and Vice President Christian Baena completed the transaction and have been retained by the new owner to lease the warehouse building.
The property, includes a 3,941-square-foot retail/industrial building and vacant lot encompassing a total of .73 acres, sold for above the initial asking price.
The three-property site includes a 6,454-square-foot building – with a mix of warehouse and office space – and a fully fenced, paved storage yard featuring three storage sheds and an additional covered mechanic area.
City of Lauderhill commissioners have taken the first step toward getting the project built by approving a special exception application which will allow for the development of residential units on the property.
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