Updated Jul 1, 2025
Prologis Leases 19,346 SF Industrial Space In Pompano Beach With Robert Listokin As Tenant's Rep
1750 Northwest 15th Avenue
$19
$19/SF
Building Size
19,346 SF
Asset Type
Industrial
Closing
Jun 22, 2025
About this deal
AI
The property involved in this lease is located at 1750 Northwest 15th Avenue in Pompano Beach, featuring an industrial asset type. The lease covers a space of 19,346 square feet with an asking rent of $19 per square foot. It is structured as a NNN lease agreement.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $19/ft
- Square Footage: 19,346
- Address: 1750 Northwest 15th Avenue
- Market: Pompano Beach
- Landlord: Prologis
- Landlord's Representative: Michael Oretsky, Tom O'Loughlin & Larry Genet - CBRE
- Tenant's Representative: Robert Listokin
- Lease Type: NNN Lease
The deal showcases a collaborative effort in which Prologis was represented by Michael Oretsky, Tom O'Loughlin, and Larry Genet from CBRE. The tenant's representation was handled by Robert Listokin. Notably, the team managed to fill the space with zero downtime, demonstrating effective management in a challenging leasing environment.
Players
Pompano Beach Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
834894.74%
Cash-on-Cash
-238615.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93