The asset involved in this transaction is an industrial property located at 1313 Northwest 65th Place in Fort Lauderdale. The sale price was $5,600,000, encompassing a total area of 24,000 square feet, which translates to a price per square foot of $233.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $5,600,000
• Address: 1313 Northwest 65th Place
• Market: Fort Lauderdale
• Square Footage: 24,000
• Price Per Square Foot: $233
• Buyer: Kyle Grant - Venture One
• Seller: Tom Zeschke - BNT Services Inc
• Broker Representatives: Michael Oretsky, Tom O'Loughlin & Larry Genet - CBRE

This transaction highlights the collaborative effort of the brokerage team from CBRE, specifically Michael Oretsky, Tom O'Loughlin, and Larry Genet, who facilitated the deal. The process was initiated by a 2,000 square foot lease that was successfully managed by Michael Oretsky, paving the way for multiple subsequent deals, ultimately leading to the sale of this industrial property. The brokerage team emphasizes their extensive portfolio of industrial buildings for sale and lease across Dade and Broward.