Cushman & Wakefield Represents Elion Partners In $55.4M Sale Of Two-Building Broward Industrial Portfolio
The portfolio totals more than 221,000 square feet.
The portfolio totals more than 221,000 square feet.
Mike Davis, Dominic Montazemi, Rick Brugge, Rick Colon, and Greg Miller of Cushman & Wakefield represented the seller, Midtown Group, in the transaction. The building was acquired by NorthBridge. Rick Etner, Matthew McAllister, Christopher Thomson, and Chris Metzger of Cushman & Wakefield’s South Florida Industrial Team also supported the sale process.
The facility was sold by Elion Partners and acquired by Link Logistics.
The Class A industrial portfolio is comprised of three buildings totaling 197,608 square feet.
Mike Davis, Dominic Montazemi, Rick Brugge, and Rick Colon of Cushman & Wakefield arranged the sale on behalf of both the seller and buyer.
The portfolio was sold in four separate transactions to two different buyers.
The portfolio totals 138,979 square feet.
The transaction would set a record if the purchase closes at this price.
The acquisition of this Class A building represents a significant milestone for the buyer as they expand their portfolio and acquire their first South Florida asset.
The sale includes an industrial property which includes a vacant 224,560-square-foot building and approximately 23.2 acres of land.
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