Prologis Leases 28845 SF Industrial Space To Rexis BioTech In Pompano Beach At $17/ft

The asset involved in this transaction is an industrial property located at 1704 Park Central Boulevard North, Pompano Beach. The property encompasses a total square footage of 28,845 and was leased under a NNN lease agreement with an asking rent of $17 per square foot.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $17/ft
• Square Footage: 28,845
• Address: 1704 Park Central Boulevard North
• Market: Pompano Beach
• Landlord: Prologis
• Tenant: Rexis BioTech
• Landlord's Representative: Michael Oretsky, Tom O'Loughlin & Larry Genet - CBRE
• Tenant's Representative: Nick Reid & Richard Etner Jr. - Cushman & Wakefield
• Lease Type: NNN Lease

This lease was facilitated by a team of brokers, including Michael Oretsky, Tom O'Loughlin, and Larry Genet from CBRE representing the landlord, alongside Nick Reid and Richard Etner Jr. from Cushman & Wakefield representing the tenant. A note from the broker expressed satisfaction with the completed lease and encouraged others seeking space to reach out for assistance.