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3435 Northwest 19th Street

NorthBridge Partners Acquires Industrial Asset In Lauderdale Lakes For $81.05M With Seller's Rep Cushman & Wakefield
SOLDIndustrial

NorthBridge Partners Acquires Industrial Asset In Lauderdale Lakes For $81.05M With Seller's Rep Cushman & Wakefield

3435 Northwest 19th Street

$81,050,000

$228/SF

Building Size

354,336 SF

Asset Type

Industrial

Closing

Mar 13, 2026

AI

The industrial asset located at 3435-3699 Northwest 19th Street & 1842-1896 Northwest 38th Avenue in the Lauderdale Lakes & Lauderhill market encompasses a total square footage of 354,336. The property was sold for a transaction price of $81,050,000, which equates to a price per square foot of $229.

Summary of transaction details:

This transaction involved various key individuals from Cushman & Wakefield representing the seller, highlighting the collaborative efforts of the real estate professionals involved in this significant deal. The participation of multiple representatives underscores the complexity and importance of this industrial sale within the local market.

Players

Dominic Montazemi

Cushman & Wakefield

Broker

$4.2B

vol

90 deals

Broker
Northbridge Partners
Northbridge PartnersBuyer

Fort Lauderdale 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

0.20%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93