CenterPoint Properties Acquires Industrial Property In Pompano Beach For $10M

CenterPoint Properties, represented by Bob Chapman, has acquired an industrial property located at 1405 Southwest Eighth Street in Pompano Beach. The property spans approximately 4.5 acres and features a total square footage of 40,428. The transaction took place on October 7, 2021, with a sale price of $10,000,000, resulting in a price per square foot of $247.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $10,000,000
• Address: 1405 Southwest Eighth Street, Pompano Beach
• Market: Pompano Beach
• Buyer: CenterPoint Properties - Bob Chapman
• Seller: Patrick Venne & Jonathan Cox - The Federated Companies
• Square Footage: 40,428

Bob Chapman from CenterPoint Properties and Patrick Venne & Jonathan Cox from The Federated Companies were the key individuals involved in the transaction. No further details about the deal participants were provided.