J.D. Backhoe Associates, Inc. purchased the 12,700 square foot industrial building. CLICK ON THE HEADLINE FOR MORE
At the time of sale, the buildings were just 32 percent occupied. CLICK ON THE HEADLINE FOR MORE
J.D. Backhoe Associates, Inc. has purchased a 12,700 square foot industrial building on 2.58 Acres from Fran McDonough for $802,000 or $63 per square foot. The property is located at 4300 SW 59th Avenue, Davie, FL.
It was constructed in 1975 and was known as the Eagle Metals building.
Les Byron, SIOR, of Sperry Van Ness Commercial Realty in Fort Lauderdale represented the seller in the transaction. The buyer did not have an agent.
Investments Limited acquired the Plumtree Centre from U.S. Bank for $3.1 million, or about $74 per square foot.
Located at 3350 NW 2nd Avenue in Boca Raton, the Plumtree Centre is comprised of two office/retail buildings totaling 41,791 square feet. At the time of sale, the buildings were just 32 percent occupied. The buildings were constructed in 1987 and are located minutes from I-95 and the Boca Raton Airport.
Adam Starr of Brenner Real Estate Group represented the buyer. Brett Houston of REMS Group, Inc. represented the seller in its REO sale.
“This center is well located on Boca Raton Boulevard with great visibility,” Starr said. Speaking to the acquisition of this property, Starr added that it, “really fit the profile of their existing portfolio.”
Source: CoStar
Les Byron Closes Davie Warehouse Sale
/in Done Deals/by SFOBA STAFFJ.D. Backhoe Associates, Inc. purchased the 12,700 square foot industrial building. CLICK ON THE HEADLINE FOR MORE
Boca Office Building Purchased For $3.1M
/in Done Deals/by SFOBA STAFFAt the time of sale, the buildings were just 32 percent occupied. CLICK ON THE HEADLINE FOR MORE