Reese Stigliano Closes $1 Million Warehouse Condo Sale

Dec 09, 2015 No Comments by

Reese Stigliano didn’t have to look very far to find the buyer for an 11,172-square-foot warehouse condo.

“It’s Real Estate 101”, said Stigliano. “The first prospective buyer to call is the next door neighbor” and sure enough that was the case in the $1.05 million sale.

2600 NW 55th CourtThe buyer, Power Tech Corporation, owns the condo next door to the property.

Stigliano represented the owner of the property, Grunskis, LLC, which operates Industrial Cleaning Equipment & Supply.  The warehouse condo is located at 2600 NW 55th Court in Fort Lauderdale, immediately south of Fort Lauderdale Executive Airport.

The sale price represents $94 per square foot.

Stigliano also represented the Seller in their relocation to a 5,100-square-foot, free-standing building located at 1490 S. Dixie Highway in Pompano Beach. The three year lease has a value of $184,746.

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