Brett Turner And Max Stone Of BKM Capital Partners Acquire Industrial Park In Pompano Beach For $33M

The property asset involved in the transaction is an industrial facility located at 3600 Park Central Boulevard North, in Pompano Beach, Florida. The property, which has a total square footage of 114,000, was sold for a price of $33,000,000, equating to a price per square foot of $289.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $33,000,000
• Square Footage: 114,000
• Address: 3600 Park Central Boulevard North
• Market: Pompano Beach, FL
• Buyer: Brett Turner & Max Stone - BKM Capital Partners
• Seller: Greg Merage - MIG Real Estate
• Broker: Cody Brais - JLL

The deal involved Brett Turner and Max Stone representing BKM Capital Partners as the buyers, while Greg Merage represented MIG Real Estate as the seller. The property, currently 95% occupied, is set to be renamed Lighthouse Industrial Park and will undergo capital improvements, further contributing to BKM Capital Partners' statewide portfolio expansion to over 1.4 million square feet.