Marcus & Millichap Arranges Sale Of Pompano Beach Office Building

Dec 23, 2018 No Comments by

Marcus & Millichap announced the sale of Park Central, a 36,873-square foot office property located in Pompano Beach, according to Ryan Nee, vice president / regional manager of the firm’s Fort Lauderdale office.

The asset sold for $5,200,000.

Douglas K. Mandel, senior managing director, and Tyler S. Kuhlman, associate, both investment specialists in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.  The buyer, was also secured and represented by Mandel and Kuhlman. Eric Fixler, First Vice President of Capital Markets of Marcus & Millichap Capital Corporation, arranged a fixed rate non-recourse bank portfolio loan for thebuyer.

Park Central is located at 2100 Park Central Blvd. N. The property includes two, single-story office buildings within a Class A, mixed -use park setting. The Park Central Business Park campus is a 976,119-square-foot mixed-use development, offering a combination of the area’s most usable office, flex and industrial space.

 

 

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