Berger Commercial Realty’s Jordan Beck Reps Buyer In $9.2 Million Industrial Property Purchase
Berger Commercial Realty/Corfac International Vice President Jordan Beck represented the buyer, 2700 Gateway LLC, in the purchase of a 45,000-square-foot industrial property.
Located at 2700 Gateway Drive in Pompano Beach, Florida, the building features dock high loading, 18.5-foot clear height, and a fenced yard area.
2700 Gateway LLC paid $9,177,500 to the seller, Alliance 2700 Gateway LLC, which was represented by Tony Hoover of CBRE.
The transaction closed November 22.
A roofing company occupies about a third of the property. The buyer intends to occupy the remainder of the property, which perfectly accommodates the buyer’s growing business, Zev Supplies, which sells and distributes breast pumps nationally.
“Alliance purchased the property 2 years ago and has completed a substantial number of upgrades, including an environmental cleanup and leasing a portion of the property, which has allowed for a substantial amount of value to be delivered to the buyer and a great return on investment to the seller,” explained Beck.
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About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.
About CORFAC International: CORFAC International is a global network comprised of privately held entrepreneurial commercial real estate firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 75 offices in the U.S., Canada, and international markets, including Australia, France, Germany, Ireland, Italy, Japan, Malaysia, Netherlands, Romania, Russia, Singapore, South Korea, Switzerland, Thailand, and United Kingdom. CORFAC offices close an average of 10,000 lease and sales transactions valued in excess of $9.0 billion annually, totaling 500 million square feet closed and 65 million square feet managed worldwide.
