Lease Signed For 33,500 SF Industrial Space At 2280 West Copans Road In Pompano Beach

The property involved in the transaction is an industrial asset located at 2280 West Copans Road in Pompano Beach, with a total square footage of 33,500. This property is positioned in a market environment conducive for home renovation businesses, currently leased for a term of 10 years.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Lease Term: 10 years
• Address: 2280 West Copans Road
• Market: Pompano Beach
• Landlord's Representatives: Larry Genet, Tom O'Loughlin, Michael Oretsky - CBRE
• Tenant's Representative: Clayton Idle - Tortoise Realty Group

This lease agreement was executed without any downtime or free rent for the landlord, and the ownership was able to renegotiate an older lease, resulting in an increase in rent. The tenant, represented by Clayton Idle, secured a location that meets their operational needs while maintaining fair terms. The landlord's representatives expressed satisfaction with the outcome, highlighting client trust throughout the process.