David Rabbani's Prescription Technologies Acquires 5.8 Acres Industrial Property In Plantation For $29.85M

A 102,913-square-foot warehouse located at 6801 West Sunrise Boulevard in Plantation, Florida, has been sold for a record-breaking price of $29.85 million. The transaction was completed by JRD 6801 Plantation LLC, led by David Rabbani of Prescription Technologies. The sale price of $290 per square foot set a local record for the area. The warehouse was constructed by Butters Construction & Development, highlighting their expertise in the industry.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $29,850,000
• Address: 6801 West Sunrise Boulevard
• Market: Plantation
• Square Footage: 102,913

David Rabbani, representing Prescription Technologies, played a vital role in the deal as the buyer. Arvinder S. Bajaj, from AB Diversified, acted as the seller. Israel Discount Bankprovided the financing for the transaction, further facilitating the successful sale. The purchase of this warehouse showcases the growth and development happening in the Plantation market.