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| St. George Guardabassi |
FORT LAUDERDALE, Fla.
(September 19, 2016) - Berger Commercial Realty Senior Vice President St. George Guardabassi and Broker
Associate Greg Milopoulos closed a
transaction for a 3,750-square-foot industrial building in Pompano Beach on
September 7.
Guardabassi represented
Ficarra Equities, LLC in the $666,000 sale of the property to Reliable Concrete
Cutting, LLC, represented by Milopoulos.
Located at 1216 S.W. 12th
Ave., the two-story office and warehouse building consists of three private
offices, a marble-floored showroom and a conference room featuring an etched
glass wall.
The building sits on a 31,123-square-foot lot along Andrews Avenue
between Atlantic Boulevard and Cypress Creek Road.
The property also offers a
fenced and gated yard, a large street-level door, direct frontage on Andrews
Avenue, and a rear entrance on S.W. 10th Avenue, allowing maximum flexibility
for loading, unloading and customer access. Reliable Concrete Cutting plans to
use the property to service the local construction community and expand its
fleet of trucks.
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| Greg Milopoulos |
"Given the minimal
inventory of buildings with large lots in this price range, this was a
desirable property for many owner-users in search of centrally located
opportunities," Milopoulos said.
"The transaction closed just 15 days
after the execution of the contract, further demonstrating the demand for
multi-use properties in Broward County."
Guardabassi served as the
exclusive leasing agent for the property for more than 10 years. Most recently,
the property was rented by Culligan, a supplier of water softening equipment
and services.
For more information about
Berger Commercial Realty's brokerage services, call 954-358-0900.
For a complete copy of the company’s news release,
please contact:
954-776-1999
Lexi Robinson, ext. 255,
lrobinson@piersongrant.com
Marielle Sologuren, ext.
226, msologuren@piersongrant.com
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