Sarp Ciftci Leases 24,390 SF Industrial Space From Landlord Ted Pick In Fort Lauderdale

The property asset involved in this lease transaction is located at 3303 Southwest 12th Avenue in Fort Lauderdale. It features an industrial asset type, with a total square footage of 24,390. The asking rent for the property is set at $17.50 per square foot. The lease type is classified as a NNN Lease.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $17.50/ft
• Square Footage: 24,390
• Address: 3303 Southwest 12th Avenue
• Market: Fort Lauderdale
• Landlord: Ted Pick
• Tenant: Sarp Ciftci
• Landlord's Rep: Michael Oretsky, Tom O'Loughlin & Larry Genet - CBRE
• Note: The CBRE team sold this former Broward County School Board site to Kurv Industrial and has been leasing it ever since construction was completed. The project was sold to Morgan Stanley and is now 100% occupied.

The key individuals involved in this transaction include landlord Ted Pick and tenant Sarp Ciftci. The landlord is represented by the CBRE team, consisting of Michael Oretsky, Tom O'Loughlin, and Larry Genet, who played a significant role in facilitating this lease agreement.