Benjamin Genet Acquires Industrial Property In Fort Lauderdale For $6.9M

This industrial property located at 1111 SW 21st Ave in Fort Lauderdale was recently sold for $6,900,000. The transaction took place on April 29, 2022. The property spans a total square footage of 36,412, resulting in a price per square foot of $189. The sale was facilitated by Jason Abitbol and Miguel Pinto of Apex Capital Realty, who represented both the buyer, Benjamin Genet, and the seller, Laurence Diskin of Mandalay Complex.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $6,900,000
• Date: April 29, 2022
• Address: 1111 SW 21st Ave, Fort Lauderdale
• Market: Fort Lauderdale
• Buyer: Benjamin Genet
• Seller: Laurence Diskin - Mandalay Complex
• Brokers: Jason Abitbol & Miguel Pinto - Apex Capital Realty
• Square Footage: 36,412
• Price per Square Foot: $189

The multi-tenant warehouse is strategically positioned on the northwest corner of I-95 and Davie Blvd, presenting a valuable opportunity for value-add. For more off-market properties, interested parties can contact Jason Abitbol of Apex Capital Realty at (561)542-3704.