CBRE Sells 3.2-Acre Industrial Outdoor Storage At 1377 Hammondville Road For $9.7M

1377 Hammondville Road is a 3.2-acre industrial outdoor storage property located in Pompano Beach. The asset was sold for $9,700,000, with a total square footage of 2,500 and a price per square foot of $3,880.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $9,700,000
• Address: 1377 Hammondville Road
• Market: Pompano Beach
• Acres: 3.2
• Square Footage: 2,500
• Price Per Square Foot: $3,880
• Buyer's Representative: Sky Groden & Ken Morris - JLL
• Seller's Representatives: Larry Genet, Tom O'Loughlin & Michael Oretsky - CBRE

CBRE's team, consisting of Tom O'Loughlin, Larry Genet, and Michael Oretsky, represented the seller in this transaction, marking the second time they have sold this asset. The property includes special exceptions for outdoor storage, a crucial entitlement in the area, and is fully paved, drained, and fenced, with rolling gate security and an office building on site.