Triarch Capital Group Acquires Fort Lauderdale Industrial Property For $10.4M

An industrial property located at 950-952 & 940 Eller Drive in Fort Lauderdale has been sold for $10,400,000. The property spans 57,000 square feet, resulting in a price per square foot of $182. Situated on 3 acres, the property was purchased by Triarch Capital Group, represented by Daniel Halberstein, Mario Grosfeld, and Jorge Linkewer. The sellers were the Joshua & Patricia Becker Trust and the Milton & Patricia Wallace Trust.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $10,400,000
• Address: 950-952 & 940 Eller Drive, Fort Lauderdale
• Market: Fort Lauderdale
• Square Footage: 57,000 sqft
• Price Per Square Foot: $182
• Acres: 3
• Price Per Acre: $3,466,667

The buyer's representative in the deal was Isaac Behar from One Sotheby’s International Realty, while Shane Decker from One Commercial represented the sellers.