Ignacio Sotolongo Purchases Industrial Asset In Lauderhill From Barry Hurwit For $3.25M

The property involved in this transaction is an industrial asset located at 1250 State Road 7 in Lauderhill. The sale price for the property was $3,250,000, and the property encompasses a total of 8,458 square feet, resulting in a price per square foot of $384.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,250,000
• Address: 1250 State Road 7
• Market: Lauderhill
• Buyer: Ignacio Sotolongo
• Seller: Barry Hurwit
• Buyer's Representative: Carlos Gil - Floridian Legal
• Seller's Representatives: Jonathan De La Rosa, Matthew Albregts, Nicholas Hassan & Eduardo Toledo - Marcus & Millichap
• Square Footage: 8,458
• Price per Square Foot: $384

This transaction involved prominent representatives from the brokerage side. Carlos Gil represented the buyer, Ignacio Sotolongo, through Floridian Legal, while the seller, Barry Hurwit, was represented by a team from Marcus & Millichap, comprising Jonathan De La Rosa, Matthew Albregts, Nicholas Hassan, and Eduardo Toledo.