The industrial property located at 1301 SW 1st Ct. in Pompano Beach, South Florida, was recently involved in a loan transaction. The property spans an area of 94,000 square feet.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,150,000.00
• Loan Type: Refinance
• Loan Terms: 7 Years @ 3.75%, 2 Years Interest Only, Non-Recourse

The loan for this transaction was provided by ConnectOne Bank. The landlord, Ideal Capital Group, was involved in the deal as well. The brokers who facilitated the transaction were Jonathan Aghravi and Tim Cox from JBA Equities LLC.