Global Partners Acquires Liquid Energy Terminal In Dania Beach For $27.99M

Global Partners, represented by Eric Slifka, has purchased a 51.5-acre liquid energy terminal near Port Everglades in Dania Beach, Fort Lauderdale. The facility, located at 1180 Southeast 24th Street, 1500 Southeast 26th Street, 1000 & 1200 Southeast 28th Street, includes storage tanks primarily used for petroleum and bio-fuel. The sale was completed for $27,990,000 and the seller, Jeff Rinker of Motiva Enterprises, will continue to operate the terminals under a lease agreement.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $27,990,000
• Address: 1180 Southeast 24th Street, 1500 Southeast 26th Street, 1000 & 1200 Southeast 28th Street
• Market: Dania Beach, Fort Lauderdale
• Buyer: Eric Slifka - Global Partners
• Seller: Jeff Rinker - Motiva Enterprises

Global Partners, a prominent player in the energy industry, made the strategic move to acquire the liquid energy terminal in Dania Beach. The facility's location near Port Everglades provides convenient access to shipping channels, making it an advantageous asset for Global Partners. With Motiva Enterprises continuing to operate the terminals under a lease agreement, the acquisition ensures a seamless transition and ongoing operations at the facility.