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CBRE Arranges Sale of Pompano Beach Industrial
CBRE has arranged the sale of Pompano Distribution Center II, a Class A 128,342-square-foot warehouse located at 4000 North Dixie Highway in Pompano Beach, FL. New York-based Sterling Investors purchased the property from Zurich Alternative Asset Management.
CBRE’s Jose Lobón, Trey Barry, and Frank Fallon represented the seller, New York-based Zurich Alternative Asset Management, in the transaction. The CBRE National Partners sales team was assisted by CBRE’s Royce Rose, Alain Bonvecchio, and Tom O’Loughlin.
Pompano Distribution Center II is fully occupied by DVC Industries, a leading manufacturer and distributer of high-quality spices. The building features 32-foot clear span heights, 28 dock doors, one drive-in door, ESFR sprinklers, and 587 linear feet of frontage along Dixie Highway.
Zurich Alternative Asset Management was represented by Sean Bannon, Managing Director and Head of US Real Estate, Gala Liana, Director of Asset Management, and Chris Edgar, Executive Director of Acquisitions.
- ◦Sale/Acquisition