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1600 Northwest 34th Terrace

Drew DeWitt And David Archibald Acquire Industrial Asset In Lauderhill For $7 Million
SOLDIndustrial

Drew DeWitt And David Archibald Acquire Industrial Asset In Lauderhill For $7 Million

1600 Northwest 34th Terrace

$7,000,000

$197/SF

Building Size

35,535 SF

Asset Type

Industrial

Closing

Jan 22, 2026

AI

The property involved in this transaction is an industrial asset located at 1600 Northwest 34th Terrace, Lauderhill. The sale price for the property was $7,000,000, with a total square footage of 35,535, translating to a price per square foot of $196.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $7,000,000
  • Square Footage: 35,535
  • Price per Square Foot: $196
  • Buyer: Drew DeWitt & David Archibald - ECP
  • Seller: Pierre Ansaldi
  • Brokers: Jose Sasson Lerner, Eli Sasson Bril & Roberto Susi - AXIOM Capital Advisors
  • Attorneys: Stuart Kapp, Esq. & Jake Seiler, Esq – Kapp Morrison Aker LLP

This transaction was facilitated by brokers Jose Sasson Lerner, Eli Sasson Bril, and Roberto Susi, representing the buyers and sellers in this successful deal. A note from the broker expresses appreciation for their repeat clients and congratulations to all parties involved.

Players

Jose Sasson Lerner

AXIOM Capital Advisors

Broker

$931.9M

vol

81 deals

Broker
AXIOM Capital Advisors
AXIOM Capital AdvisorsBrokerage

David Archibald

Buyer

$171.1M

vol

6 deals

Buyer

Lauderhill Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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