CBRE Negotiates Sale Of Class A Industrial/Flex Building In Tamarac

Oct 10, 2018 No Comments by

CBRE Senior Vice President Tom O’Loughlin, First Vice President Larry Genet and Senior Vice President David J. Wigoda, SIOR negotiated the sale of Tamarac Corporate Headquarters, a ±46,704 sq. ft. Class A industrial/flex building located at 6401 Nob Hill Road in Tamarac.

Nash Buildings, LTD purchased the ±46,704-square-foot property, which closed on September 17, 2018, for $7,250,000.

The Seller, New Jersey-based DeraPropertiesFL, LLC, was represented by O’Loughlin, Genet and Wigoda. The buyer was represented by Luis Marquez, Senior Director at Casal Group. The transaction closed on September 17, 2018.

“Our team successfully closed this transaction with virtually no downtime for previous ownership,” said Genet. “We were able to identify an owner-user who needed immediate occupancy and could close very quickly, thus preventing our client from experiencing any downtime. It was a win-win for both parties, the new owner plans to relocate their business to the facility.”

The property was recently occupied by Toshiba Business Solutions. Located just north of Commercial Boulevard on Nob Hill Road, Tamarac Corporate Headquarters is in an ideal location for businesses looking to service the tri-county market. The building features excellent loading capabilities, high-end exteriors and interiors, impact glass as well as a 100% climate controlled warehouse.

The City of Tamarac is strategically located in the center of Broward County, between Miami-Dade and Palm Beach Counties in South Florida. Tamarac is located within minutes of several major highways, the Ft. Lauderdale Hollywood International Airport and Port Everglades. The city covers a 12-square mile area and is home to more than 60,000 residents and approximately 2,000 businesses.

 

 

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Broward County Industrial / Flex, Industrial / Flex, Industry News
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