Midtown Capital Acquires Industrial Property In Fort Lauderdale For $10.5M

The industrial property located at 5440 Northwest 33rd Avenue in Fort Lauderdale has been sold for $10,500,000. The transaction involved a total square footage of 61,325, resulting in a price per square foot of $171.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $10,500,000
• Address: 5440 Northwest 33rd Avenue, Fort Lauderdale
• Market: Fort Lauderdale
• Buyer: Midtown Capital
• Seller: Rick Zorovich
• Brokers: Sam Koss, Larry Genet, and Tom O'Loughlin - CBRE

The deal was facilitated by the brokers Sam Koss, Larry Genet, and Tom O'Loughlin from CBRE. This sale represents a significant transaction in the Fort Lauderdale industrial market, showcasing the demand for properties in this area.