Exclusive Flooring Collection Of South Florida Leases Industrial Space At 1377 Clint Moore Road

The asset involved in this transaction is an industrial property located at 1377 Clint Moore Road Suite 400 in Boca Raton. The lease agreement was entered into with an asking rent of $17.50 per square foot for a total of 17,835 square feet. The lease term spans 7 years, and it is structured as a NNN lease.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $17.50/ft
• Square Footage: 17,835 SF
• Lease Term: 7 years
• Lease Type: NNN Lease
• Tenant: Exclusive Flooring Collection of South Florida
• Landlord's Representative: Jason Abitbol - APEX Capital Realty
• Tenant's Representative: Chad Gottsegen - LRM Advisors

This lease agreement involves key representatives in the real estate market, with Jason Abitbol representing the landlord through APEX Capital Realty and Chad Gottsegen representing the tenant via LRM Advisors. Their roles were crucial in facilitating the agreement between the landlord and tenant.