Industrial Outdoor Ventures Acquires Development Site In Davie For $64M | 3055 Burris Road | Tom O'Loughlin, Larry Genet, Jake Zebede | Development Site | Sale

Summary

Sale

FLORIDA

Development Site

6,040 sqft

Industrial Outdoor Ventures, in partnership with Stockbridge Real Estate, has acquired a development site in Davie, located at 3055 Burris Road. The property spans approximately 38.5 acres and was sold for a price of $64,000,000. The transaction took place on October 4, 2021.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $64,000,000
Address: 3055 Burris Road, Davie
Market: Davie
Buyer: Industrial Outdoor Ventures - Eric Johnson; Stockbridge Real Estate
Brokers: Larry Genet, Tom O’Loughlin & Jake Zebede - CBRE

The buyers, Industrial Outdoor Ventures and Stockbridge Real Estate, were represented by Larry Genet, Tom O’Loughlin, and Jake Zebede from CBRE. This acquisition marks a significant investment in a prime development site, providing ample opportunities for future development or potential resale in the thriving market of Davie, Florida.

Players

All
5

Agents
3
Agencies
2

Tom O'Loughlin

Senior Vice President

$300.3M Sold

Larry Genet

Senior Vice President

$303.5M Sold

Jake Zebede

Principal-Broker

$156.8M Sold

CBRE

Trustone Realty Advisors

Details

Deal Summary

SOLD

IMAGE: Jake Zebede, Eric Johnson, Larry Genet & Tom O’Loughlin DATE: 10/04/2021 ADDRESS: 3055 Burris Road MARKET: Davie ASSET TYPE: Development Site ~ ACRES: 38.5 BUYER: Industrial Outdoor Ventures - Eric Johnson; Stockbridge Real Estate BROKERS: Larry Genet, Tom O’Loughlin & Jake Zebede - CBRE SALE PRICE: $64,000,000

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Address3055 Burris Road

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