Link Logistics Acquires Industrial Property In Deerfield Beach For $162M | 750 South Powerline Road | Chloe Strada, Rick Brugge, Mike Davis, Dominic Montazemi, Rick Colon, Gregory (Greg) Miller | Industrial | Sale

Summary

Sale

FLORIDA

Industrial

677,789 sqft

The industrial property located at 750 S Powerline Road in Deerfield Beach has been sold for a price of $162,000,000. The property spans an area of 677,789 square feet, resulting in a price per square foot of $239. The transaction took place between the buyer, Link Logistics, and the seller, PGIM Real Estate.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $162,000,000
Address: 750 S Powerline Road
Market: Deerfield Beach
Square Footage: 677,789
Price per Square Foot: $239
Buyer: Link Logistics
Seller: PGIM Real Estate

In this deal, the seller was represented by Mike Davis, Rick Brugge, Rick Colon, Dominic Montazemi, Greg Miller, and Chloe Strada from Cushman & Wakefield. They played a vital role in negotiating the transaction on behalf of PGIM Real Estate.

Players

All
7

Agents
6
Agencies
1

Chloe Strada

Associate

$595.2M Sold

Rick Brugge

Executive Managing Director

$1.7B Sold

$2.3B Sold

$3.1B Sold

$1.9B Sold

Gregory (Greg) Miller

Director

$241.3M Sold

Cushman & Wakefield

Details

Deal Summary

SOLD

IMAGE: Dominic Montazemi, Rick Colon, Mike Davis, Chloe Strada, Rick Brugge & Greg Miller DATE: 07/20/2023 ADDRESS: 750 S Powerline Road MARKET: Deerfield Beach ASSET TYPE: Industrial BUYER: Link Logistics (@LinkLogisticsRE) SELLER: PGIM Real Estate SELLER'S REP: Mike Davis, Rick Brugge, Rick Colon (@TheRealRickColon), Dominic Montazemi (@DFMontazemi), Greg Miller & Chloe Strada (@ChloeStrada) - Cushman & Wakefield (@CushWake) SALE PRICE: $162,000,000 SF: 677,789 ~ PPSF: $239

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Address750 South Powerline Road

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