Levy Realty Advisors has gotten off to a very success start in 2017 by completing approx.. 450,000 Square Feet of leases year to date. Some of the more noteworthy leases that LRA has completed are as follows:
• Spectrum Office Building: Almo Corporation – 5,229 SF
• Boca Commercial Commerce Center: Raw Juce- 14,000 SF
• Delray Business Center: Imeca Corporation-6,000 SF
• Pompano Park: FSR Refrigeration Company- 9,880 SF
• Lauderdale Lakes Industrial Park: No Rust Rebar 12,921 SF
• Boynton Business Park: Jones and Jirik- 4,200 SF and Boynton Commissary 8,400 SF
• Enterprise Commerce Center: Prodeco Technologies-31,000 SF
The company is pleased to announce that Levy Realty Advisors have partnered up with American Da Tang, a Miami based Chinese brokerage firm to represent their Chinese investors in South Florida.
Joshua Levy, Property Manager and Leasing Associate will be handling the day to day affairs on behalf of Da Tang’s clients in South Florida. The two properties are as follows:
The Cutler Bay Professional Office Building is a modern 10 year old CLASS B + multi -tenant Office/Medical building located at 11285 SW 211 Street, Miami, FL 33189 just east of the Fla. Turnpike in South Dade County. The building contains approx. 35,000 Square Feet with Suites ranging in size from 1000 SF -5000 SF which are currently available for lease at competitive rates. Covered parking , easy access, close to restaurant sand above average finishes. For additional Information contact the property manager and leasing agent, Josh Levy, (954) 491-5505 or [email protected]
The Lauderhill Auto Mall is a 20,000 SF Multi- Tenant Retail Automotive Repair and Service Center facility anchored by TIRE KINGDOM, a well-known Nation Wide Tire Company. The property has excellent visibility on West Commercial Blvd approx. 2 miles west of the Fla. Turnpike in a prime location to service the Greater Ft. Lauderdale and West Broward County community. For additional information on this property, please contact Josh Levy , Property Manager and leasing Associate, (954)-491-5505 or [email protected].
Levy Realty Advisors Negotiates Sale of
136,000 SF Broward Warehouse Property
The $8,000,000 purchase of McNab Commercial Center closed December 15. “The transaction took six months to close while the seller searched for a 1031 Tax Deferred Exchange replacement property,” explained Levy.
Levy Realty Advisors Negotiates $14 Million Sale
Of Port 95 Commerce Center Office/Warehouse Facility
Levy Realty Advisors’ Broker and President Alan Levy represented the Buyer, CJ Partners Hollywood, LLC, in the purchase of The Wartsila Building, a high-tech warehouse and manufacturing facility located at 2900 SW 42nd Street in Hollywood, Florida. Hanseatic Land Trust, represented by Cushman & Wakefield’s Dominic Montazemi, Greg Miller, and Scott O'Donnell, sold the 81,922 square-foot warehouse facility for $13,700,000. The deal closed December 13.
“The principals were attracted to the long term stability of the highly sought after Port 95 Industrial submarket due to its close proximity to the Ft. Lauderdale / Hollywood airport, Port Everglades, and the I- 595/I-95 corridor for Class A industrial properties with credit tenants, which was reflected in the acquisition price,” commented Levy.
The property was utilized as the regional headquarters for North America for the US arm of Wartsila, a leading supplier of flexible power plants and ship power solutions. In addition to corporate staffing, the property was used for warehousing, distribution, training, manufacturing and maintenance of the company’s products and services. The office area of the building was recently expanded by approximately 4,000 square feet, for a total of 32,000 square feet, and approx. 32 additional parking spaces were added to accommodate the tenants’ rapid growth.
The Property is situated in Port 95 Commerce Park, a mixed-use business park comprised of more than 2.4 million square feet of space situated on 186 acres of land, located just west of the Fort Lauderdale/Hollywood International Airport.
Levy has been awarded the exclusive right to manage the newly acquired property and serve as the owner’s agent.
MEDICAL CALL CENTER INKS 10 YEAR DEAL FOR 14,500 SQUARE FEET IN DELRAY BEACH - CLICK HERE TO VIEW THE FULL ARTICLE
LEVY REALTY ADVISORS NEGOTIATE SALE OF 123,000 SF OFFICE/WAREHOUSE ASSET - CLICK HERE TO VIEW THE FULL ARTICLE