Updated Jul 2, 2025
Stockbridge Capital Group Acquires Industrial Property In Pompano Beach For $7M
1377 Hammondville Rd
$7,000,000
$50/SF
Building Size
139,392 SF
Asset Type
Industrial
Closing
Aug 29, 2023
About this deal
AI
An industrial property located at 1377 Hammondville Road in Pompano Beach has been sold for $7,000,000. The property spans 139,392 square feet, with a price per square foot of $50.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $7,000,000
- Square Footage: 139,392
- Price Per Square Foot: $50
- Address: 1377 Hammondville Road, Pompano Beach
The buyer of the property is Stockbridge Capital Group. The seller, Imperium Capital, was represented by Danny Glaser and Sam Schneider. The deal was facilitated by brokers Steven Bentolila from Oxford Property Group, Solomon Michailow from S2 Property Group, and Larry Genet from CBRE.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93