Berger Commercial Realty’s Jake Michels Facilitates Purchase Of Industrial Asset, Vacant Lot In Off-Market Deal
Berger Commercial Realty / December 5, 2024
Berger Commercial Realty/CORFAC International is pleased to announce the successful off-market sale of a 10,087 square foot industrial building located at 200 SW 33rd Street and a .54-acre lot located at 3309 SW 2nd Ave. in Fort Lauderdale.The transaction, which closed on October 21, marks a significant investment in the area’s robust industrial sector.
JLK MGT LLC, the buyer, purchased the property for $2,550,000 from OLAM FTL 1, LLC, a California-based company. The property is situated in a strong industrial area, making it an ideal acquisition for JLK MGT LLC as they expand their footprint in the region.
Jake Michels, Sales Associate at Berger Commercial Realty, represented JLK MGT LLC in this transaction.
“We are thrilled to have facilitated this acquisition, which reflects the growing demand for industrial spaces in South Florida. The location’s strategic advantages make it a valuable addition to JLK MGT LLC’s portfolio,” commented Michels.
The sale highlights the continued strength of the industrial real estate market in Fort Lauderdale, driven by increasing demand for warehousing solutions.
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