Valley Forge Fabrics Leases 19,350 SF Industrial Space In Pompano Beach
LEASED
Florida
See Similar DealsIndustrial19,350 SF
Leased 09/10/2018
LEASED
Valley Forge Fabrics Leases 19,350 SF Industrial Space In Pompano Beach
1750 NW 15th Ave, Pompano Beach, F...
See Similar DealsIndustrial19,350 SF
Leased 09/10/2018
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:19,350 SF
Transaction Type:Lease
Located at 1750 Northwest 15th Avenue, Pompano Beach, the industrial property spans 19,350 square feet. This space will now be leased by fabric product manufacturer Valley Forge Fabrics, specializing in fabrics for the hospitality and lodging industries.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Tenant: Valley Forge Fabrics
- Landlord: Pompano Center of Commerce LLC
- Square Feet: 19,350
- Tenant's Rep: Thomas Viscount (Avison Young)
- Landlord's Rep: Thomas J. Hotz (Butters Realty & Management)
- Market: Pompano Beach
Thomas Viscount of Butters Group acted as the tenant's representative in the lease deal, while Thomas J. Hotz of Butters Realty & Management represented the landlord, Pompano Center of Commerce LLC, which has affiliations with Prologis.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,109,130.32
Total Lease Value
$11,091,303.23
Net Landlord Cash Flow$1,109,130.32
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