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Pompano Industrial Venture LLC Leases 26100 Square Feet To The Restaurant Warehouse In Pompano Beach

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LEASED
Richard Roach Jr.
Christopher Thomson
+ 1

Florida

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Industrial26,100 SF
Leased 11/12/2018
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LEASED

Pompano Industrial Venture LLC Leases 26100 Square Feet To The Restaurant Warehouse In Pompano Beach

1600 NW 18th St, Pompano Beach, FL...

See Similar Deals
Industrial26,100 SF
Leased 11/12/2018
Richard Roach Jr.
Christopher Thomson
+ 1
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:26,100 SF
Transaction Type:Lease

The property involved in this transaction is located at 1600 NW 18th St, Pompano Beach, FL. The total area of the property is 26,100 square feet, and it is situated within the Pompano Beach market. This location is part of a new, four-building spec warehouse and distribution campus known as the Pompano Center of Commerce II, which totals more than 376,600 square feet.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 1600 NW 18th St, Pompano Beach, FL
  • Tenant: The Restaurant Warehouse
  • Landlord: Pompano Industrial Venture LLC
  • Landlord's Representatives: Christopher (Chris) Metzger, Christopher Thomson (Cushman & Wakefield)
  • Total Leases Secured: 76,105 square feet
  • Occupancy Rate: 67 percent

In addition to The Restaurant Warehouse, two other tenants have also secured leases in the Pompano Center of Commerce II. Crown Products has leased 28,787 square feet at 1650 Northwest 18th Street, represented by Les Byron of Sperry Van Ness. Gourmet Innovations has relocated from Fort Lauderdale and leased 21,291 square feet at 1550 Northwest 18th Street, with representation from Howard Elfman of Distinctive Home Realty.

Players

Christopher (Chris) Metzger
25 deals$160.4M volume
BROKER

Christopher Thomson
Cushman & Wakefield
23 deals$62.6M volume
BROKER

Richard Roach Jr.
Keller Williams Realty
4 deals$1.8M volume
BROKER

Scott Gordon
Douglas Elliman
3 deals$10.5M volume
BROKER

Details

LEASED
IMAGE: 1600 NW 18th St, Pompano Beach, FL... MARKET: Pompano Beach LANDLORD'S REP: Christopher (Chris) Metzger(Cushman & Wakefield), Christopher Thomson(Cushman & Wakefield) TENANT: The Restaurant Warehouse LANDLORD: Pompano Industrial Venture LLC SQUARE FEET: 26100

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Deal Type
Effective Rent (Annual)

$1,496,036.25

Total Lease Value

$14,960,362.50

Net Landlord Cash Flow$1,496,036.25