Updated Jun 17, 2025
Clarion Partners Leases 101966 Square Feet Industrial Space In Pompano Beach To Confidential Tenant
1901 Northwest 25th Avenue
$17
$17/SF
Building Size
101,966 SF
Asset Type
Industrial
Closing
May 5, 2025
About this deal
AI
The asset involved in this transaction is an industrial property located at 1901 Northwest 25th Avenue in Pompano Beach. The property features a total square footage of 101,966 and operates under a NNN lease structure with an asking rent of $17 per square foot.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Confidential
- Address: 1901 Northwest 25th Avenue
- Market: Pompano Beach
- Landlord: Clarion Partners
- Landlord's Representative: Tom O'Loughlin, Michael Oretsky & Larry Genet - CBRE
- Tenant's Representative: Shan Gastineau - Atlantic Retail
The transaction was facilitated by the team at CBRE, consisting of Tom O'Loughlin, Michael Oretsky, and Larry Genet. Shan Gastineau represented the tenant in this substantial deal, noted as one of the largest completed in Broward County this year, emphasizing the successful collaboration between the involved parties.
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
933117.65%
Cash-on-Cash
-266687.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93