Perry & Lonnie Fine Acquire Industrial Property In Fort Lauderdale For $17.5M

Perry & Lonnie Fine have acquired an industrial property located at 1600 NE 12th Terrace in Fort Lauderdale. The property was sold by Gregg Wallick, with the transaction facilitated by Jaime Sturgis from Native Realty. The sale price for the property was $17,500,000.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $17,500,000
• Square Footage: 93,193
• Price per Square Foot: $188
• Date: 07/15/2022
• Market: Fort Lauderdale
• Buyer: Perry & Lonnie Fine
• Seller: Gregg Wallick
• Broker: Jaime Sturgis - Native Realty

The industrial property at 1600 NE 12th Terrace in Fort Lauderdale was purchased by Perry & Lonnie Fine from Gregg Wallick, with the transaction managed by Jaime Sturgis from Native Realty. The property has a total square footage of 93,193, and the sale price equated to $188 per square foot.