Exeter Property Group Sells Industrial Asset In Coral Springs For $91.8M

The industrial property located at 4000 N.W. 126th Avenue & 4250 Coral Ridge Drive in Coral Springs has been sold for $91,800,000. The property, measuring 818,752 square feet, was sold to Exeter Property Group. The market value of the property is $112 per square foot. The transaction took place on December 14, 2021.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $91,800,000
• Address: 4000 N.W. 126th Avenue & 4250 Coral Ridge Drive
• Market: Coral Springs
• Square Footage: 818,752
• Price per Square Foot: $112

The seller, Exeter Property Group, completed the sale of the property to the buyer. The tenant of the property is Amazon, with Jeff Bezos as its representative. Jeff Bezos, known for his role as the founder of Amazon and his ventures in the space industry, has played a significant part in the transaction.