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Pompano Beach, Florida, Uni...

Equus Capital Partners Acquires Industrial Portfolio In Pompano Beach & Fort Lauderdale For $239.2M
SOLDIndustrial

Equus Capital Partners Acquires Industrial Portfolio In Pompano Beach & Fort Lauderdale For $239.2M

Pompano Beach, Florida, United States

$239,200,000

Building Size

Asset Type

Industrial

Closing

Feb 3, 2022

AI

An industrial portfolio located in Pompano Beach & Fort Lauderdale has been sold for a total of $239,200,000. The portfolio spans across 23 acres.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $239,200,000
  • Market: Pompano Beach & Fort Lauderdale
  • Address: Industrial Portfolio
  • Buyer: Equus Capital Partners - Daniel M. DiLella
  • Sale Date: 02/03/2022

The buyer, Equus Capital Partners represented by Daniel M. DiLella, acquired the industrial portfolio in Pompano Beach & Fort Lauderdale.

Players

Daniel DiLella

Equus Capital Partners

Buyer

$453.9M

vol

6 deals

Buyer

Pompano Beach Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.07%

Cash-on-Cash

-0.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93