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| Joseph Byrnes |
FORT LAUDERDALE, FL - Brokers Joseph
Byrnes and Greg Milopoulos of
Berger Commercial Realty recently represented landlord Stream Asset Holdings,
LLC in selling a redevelopment opportunity in Deerfield Beach.
The property sold for
$2.55 million to Stor-All 2nd Ave., LLC. Stor-All 2nd Ave. LLC plans to
redevelop the site to accommodate a self-storage facility and other mixed-use
properties.
Formerly known as
Deerfield Builders Supply, the property was a family-owned and operated
lumberyard and rebar plant for 66 years.
"We feel this asset
was a great acquisition for Stor-All in a market with virtually no REO
opportunities remaining" said Milopoulos. "Both parties were great to
work with through this process and we look forward to seeing the project get
started."
Located at 77 S.E. 2nd
Ave. on the southeast corner of Hillsboro Blvd. and Dixie Highway, the
five-acre property features secured gating with multiple access points, direct
rail access via a private 11-car rail spur, close proximity to major roads and
highways, and several onsite warehouses totaling 45,000 square-feet of
industrial space.
For a complete copy of the company’s news release,
please contact:
Media Contact:
954-776-1999
Lexi Robinson, ext. 255, lrobinson@piersongrant.com
Marielle Sologuren, ext.
226, msologuren@piersongrant.com
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