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Florida & Gulf Coast   /   April 16, 2021

David Cohen
By: David Cohen

Fort Lauderdale Industrial Property Trades for $1M

Weaver Morrison Commercial Real Estate has arranged the $1.3 million sale of a 2,000-square-foot industrial property in Fort Lauderdale.

Located at 216 SW 28th St., the property features electric powered assisted gates, closed circuit security alarm system, fiber optics, a newly built retail store and driver break room in warehouse, repaved asphalt in all lots and a new roof and resurfaced loading dock area. A long-term tenant recently signed a new seven-year lease starting January 1, 2021

Franklin Morrison of Weaver Morrison Commercial Real Estate represented the seller, Realty Associates, LLC, in the transaction. An all-cash buyer acquired the property.

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David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles.
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