POMPANO BEACH, FLA. — Cushman & Wakefield has brokered the $23.6 million sale of Pompano Distribution Center I, a Class A, 202,210-square-foot distribution warehouse located at 3901 N.E. 12th Ave. in Pompano Beach. Built in 2014 by Atlanta-based Weeks Robinson Partners, the rear-load facility was fully leased at the time of sale to tenants such as Restoration Hardware, Sunbelt Marketing and RWC Inc. The property features 32-foot clear heights, 125-foot truck courts, 60-foot concrete aprons, ESFR sprinklers, T-5 lighting and trailer storage. Mike Davis, Rick Brugge, Michael Lerner and Richard Etner of Cushman & Wakefield represented Robinson Weeks in the sale. A member company of Zurich North America, advised by Zurich Alternative Asset Management LLC, purchased the facility for roughly $117 per square foot.
Pompano Distribution Center I was fully leased at the time of sale to tenants such as Restoration Hardware, Sunbelt Marketing and RWC Inc.
Cushman & Wakefield Arranges $23.6M Sale of Distribution Facility in Broward County
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