Bruce Will Acquires Industrial Property From Bernardo Stout In Margate For $4.1M

The industrial property located at 5445 Northwest 24th Street in Margate was recently sold in a transaction involving buyer Bruce Will and seller Bernardo Stout. The deal was facilitated by brokers Noah Ohayon and Larry Genet from CBRE. The property spans 28,000 square feet and was sold for $4,100,000, which translates to a price per square foot of $146. The original asking price for this industrial asset was $4,800,000.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4,100,000
• Market: Margate
• Buyer: Bruce Will
• Seller: Bernardo Stout
• Brokers: Noah Ohayon & Larry Genet - CBRE
• Address: 5445 Northwest 24th Street
• Square Footage: 28,000
• Price per Square Foot: $146

Noah Ohayon and Larry Genet from CBRE played pivotal roles as the brokers representing the buyer and seller in this industrial property transaction in Margate. The successful deal at a sale price of $4,100,000 underscores the expertise and negotiation skills these professionals brought to the table, ensuring a smooth and mutually beneficial agreement for both parties involved.