NorthBridge Acquires 106289 SF Industrial Property In Coral Springs From Midtown Group For $22.3M

A industrial property located at 11711 West Sample Road in Coral Springs has been sold. The asset encompasses 8.9 acres and includes a Floor & Décor showroom/warehouse with a total area of 106,289 square feet. The transaction was completed for a price of $22,300,000, which equates to a price per square foot of $210.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $22,300,000
• Address: 11711 West Sample Road
• Market: Coral Springs
• Asset Size: 106,289 SF
• Price per Square Foot: $210
• Buyer: Greg Lauze & Dean Atkins - NorthBridge
• Seller: Jon Samuel - Midtown Group
• Brokers: Christopher Metzger, Christopher Thomson, Dominic Montazemi, Gregory Miller, Matthew McAllister, Richard Etner Jr, Rick Brugge & Rick Colon - Cushman & Wakefield

Cushman & Wakefield represented the seller, Midtown Group, which had previously acquired the property for $15,700,000 in 2021. This transaction marks a significant change in ownership for this industrial asset.