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2281 Griffin Road, Fort Lau...

Updated Dec 5, 2024

Elion Partners Acquires Industrial Property In Fort Lauderdale For $31.5M
SOLDIndustrial

Elion Partners Acquires Industrial Property In Fort Lauderdale For $31.5M

2281 Griffin Road, Fort Lauderdale, FL, USA

$31,500,000

$175/SF

Building Size

180,000 SF

Asset Type

Industrial

Closing

Dec 22, 2020

About this deal

AI

An industrial property located at 2281 Griffin Road in Fort Lauderdale was recently sold in a transaction worth $31,500,000. This property spans approximately 180,000 square feet, resulting in a price per square foot of $175. The sale took place on December 23, 2020.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $31,500,000
  • Address: 2281 Griffin Road, Fort Lauderdale
  • Market: Fort Lauderdale

The buyer in this transaction was Elion Partners, represented by Shlomo Khoudari, Jack Azout, Sylvain Argy, Juan R. DeAngulo, and Michael Stellino. The seller, Q-Med Corp, was represented by Manuel E. Aguero and J. Carlos Rodriguez.

For more information about the property, you can view the image here.

On the Map

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$31,500,000

$175/SF

Industrial

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Players

Elion Partners
Elion PartnersBrokerage

Shlomo Khoudari

Elion Partners

Buyer

$308.4M

vol

16 deals

Buyer
Elion Partners
Elion PartnersBuyer

Manuel Aguero

Seller

$79.5M

vol

3 deals

Seller
Bilt advertisement

Fort Lauderdale Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $175 per square foot on a published $31.5M for 180,000 square feet (2020).

Visit Shlomo Khoudari to view all their deals.

Browse Florida industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.50%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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