The property involved in this transaction is located at 3120 Northwest 16th Terrace & 3120D Northwest 16th Terrace in Pompano Beach. The industrial asset has a sale price of $25,000,000 and encompasses a total building size of 15,000 square feet on an 8.43-acre lot, equating to 367,210 square feet.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $25,000,000
• Building Square Footage: 15,000
• Price Per Square Foot: $68
• Acres: 8.43
• Buyer: Stephen Panos - Realterm
• Seller: Ariel Golan - Discount Truck Parking
• Buyer's Representatives: Jose Sasson Lerner & Roberto Susi - AXIOM Capital Advisors

The deal highlights the collaboration between broker representatives Jose Sasson Lerner and Roberto Susi from AXIOM Capital Advisors, who facilitated the transaction for the buyer, Stephen Panos of Realterm, and the seller, Ariel Golan from Discount Truck Parking. Note from broker: We are very proud to announce this monster sale in a very challenging market environment - we consistently continue to perform for our clients, and we take great pride in that BH.