VALLEY FORGE FABRICS ACQUIRES FT. LAUDERDALE FACILITY

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FORT LAUDERDALE, FLA. — Valley Forge Fabrics has acquired a 76,000-square-foot industrial building, located at 1650 W. McNab Road in Fort Lauderdale, for $1.9 million, or $25.33 per square foot. 1650 West McNab Road Holdings LLC was the seller. Les Byron Associates developed the property in 1975. Les Byron of Sperry Van Ness Commercial Realty represented the buyer in the transaction. The building previously sold for $5.2 million. “Over the years, the market has changed and the building became challenged due to its size and configuration,” says Byron. “The buyer will invest in considerable renovations and upgrades.”

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