Berger Commercial Realty’s Thiel, Forman, Graves & Oxenberg Facilitate Sale Of Fort Lauderdale Industrial Property In Off-Market Transaction

Berger Commercial Realty  /   November 14, 2024

Iris Products, LLC has successfully acquired the industrial property located at 10 SW 23rd Street in Fort Lauderdale from 10 SW 23rd Street, LLC. for the purchase price of $3,740,123.

This transaction was facilitated by Berger Commercial Realty/Corfac International Senior Vice President Jonathan Thiel , Sales Associate Daniel Forman, Senior Vice President Keith R. Graves, CCIM, SIOR, and Vice President Lawrence Oxenberg, who represented the Seller, while Mohamed Farag with LoKation Real Estate represented the Buyer.

“This off-market sale was uniquely timed, allowing both parties to capitalize on the opportunity,” commented Christopher Mayor, Principal with 10 SW 23rd Street, LLC.

The property, which encompasses a total of 13,400 square feet across two buildings, is currently home to multiple industrial tenants. As part of this owner-user sale, Iris Products, LLC plans to continue occupying a portion of the facility, ensuring the property remains a hub for industrial activity in the area.

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