Updated Dec 23, 2025
Chuen Cheng Purchases Industrial Asset From Carl Troiano In Pompano Beach For $11M
601 Northwest 12th Avenue
$11,000,000
$142/SF
Building Size
77,265 SF
Asset Type
Industrial
Closing
Dec 15, 2025
About this deal
AI
The property asset involved in the transaction is an industrial asset located at 601 Northwest 12th Avenue in the Pompano Beach market. The sale price of the property was $11,000,000, and it encompasses a total square footage of 77,265, resulting in a price per square foot of $142.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $11,000,000
- Square Footage: 77,265
- Price Per Square Foot: $142
- Buyer: Chuen Cheng
- Seller: Carl Troiano
- Brokers: Jason Merrell, Robert Monahan & Roger Delisle - Island Associates Real Estate Inc.
- Transaction Date: 12/16/2025
This transaction involved Chuen Cheng as the buyer and Carl Troiano as the seller, with representation provided by Jason Merrell, Robert Monahan, and Roger Delisle from Island Associates Real Estate Inc. The transaction is noteworthy due to the participation of multiple brokers who facilitated this deal in the industrial market sector.
On the Map
$11,000,000
$142/SF
Industrial
View full map
Players
Pompano Beach Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Roger Delisle to view all their deals.
Browse Pompano Beach industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93