Torburn Partners Sells 83,551 Square Foot Industrial Facility In Plantation For $48.5M

The property asset involved in the transaction is an industrial facility located at 8000 West Sunrise Boulevard in Plantation. The sale price for this 83,551-square-foot facility was $48.5 million, translating to a price per square foot of $580. The asset is fully leased to Motorola Solutions.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $48,500,000
• Square Footage: 83,551
• Address: 8000 West Sunrise Boulevard
• Market: Plantation
• Seller: Michael Burns - Torburn Partners
• Brokers: Dominic Montazemi, Mike Davis, Rick Brugge, Rick Colon & Michael Ciadella - Cushman & Wakefield

Cushman & Wakefield represented the seller, emphasizing the facility's modern design, mission-critical infrastructure, and long-term investment-grade tenancy. The team involved in the brokerage included multiple representatives from Cushman & Wakefield, showcasing a collaborative effort in facilitating the sale.