Updated Oct 13, 2026
Brendon Pantano Of Coastal Waste & Recycling Acquires Waste Management Site In Pompano Beach For $35.5M
2240 Northwest 16th Street & 2281 Northwest 15th Court
$35,500,000
$1,153/SF
Building Size
30,769 SF
Asset Type
Industrial
Closing
Oct 9, 2026
About this deal
AI
Coastal Waste & Recycling acquired a waste management site located at 2240–2281 Northwest 15th Court and 2281 & 2240 Northwest 16th Street in Pompano Beach, FL for $35.5 million. The asset encompasses 9.2 acres of land, featuring 30,769 square feet of warehouse space. The property is strategically situated in Broward County, an area noted for its limited availability of waste management sites, which enhances the value of the transaction.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $35,500,000
- Square Footage: 30,769
- Price Per Square Foot: $1,154
- Buyer: Brendon Pantano - Coastal Waste & Recycling
- Seller: Stanley Lomangino - Southern Waste Systems; David Halpen - CG 1996 Trust A Holdings LLC
- Market: Pompano Beach, FL
- Acres: 9.2
The parties involved in the transaction highlight significant players in the waste management industry. Brendon Pantano represents Coastal Waste & Recycling, which is actively engaged in recycling services. The sellers, Stanley Lomangino and David Halpen, are associated with Southern Waste Systems and CG 1996 Trust A Holdings LLC, respectively.
On the Map
$35,500,000
$1,153/SF
Industrial
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Players
Neath Industrial Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93