facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Industrial

/

Sale

/

290 Southwest 14th Avenue

Updated Oct 29, 2024

Bridge Logistics Properties Acquires Industrial Property In Pompano Beach For $5.8M
SOLDIndustrial

Bridge Logistics Properties Acquires Industrial Property In Pompano Beach For $5.8M

290 Southwest 14th Avenue

$5,800,000

$182/SF

Building Size

31,834 SF

Asset Type

Industrial

Closing

Feb 16, 2023

About this deal

AI

Bridge Logistics Properties has acquired an industrial property located at 290 Southwest 14th Avenue in Pompano Beach. The property, with a total square footage of 31,834, was sold by Bruce Fischman of GFS Corp. The transaction was facilitated by broker Jordan Beck of Berger Realty. The sale price for this transaction was $5,800,000, resulting in a price per square foot of $182.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $5,800,000
  • Address: 290 Southwest 14th Avenue, Pompano Beach
  • Market: Pompano Beach
  • Buyer: Bridge Logistics Properties
  • Seller: Bruce Fischman - GFS Corp
  • Broker: Jordan Beck - Berger Realty
  • Square Footage: 31,834
  • Price per Square Foot: $182

This deal highlights the involvement of key individuals and companies in the transaction, with Bridge Logistics Properties as the buyer, Bruce Fischman representing GFS Corp as the seller, and Jordan Beck of Berger Realty acting as the broker.

Players

Jordan Beck

Berger Commercial Realty

Broker

$278.5M

vol

29 deals

Broker
BP
BLP - Bridge Logistics PropertiesBuyer

Market Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Deal FAQ

About $182 per square foot on a published $5.8M for 31,834 square feet (2023).

Visit Jordan Beck 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

2.73%

Cash-on-Cash

-0.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets