Chris Metzger, Richard F. Etner Jr., Christopher Thomson and Matthew G. McAllister represented Stimpson in the Sale of the Site
The South Florida Industrial Brokerage Team of Chris Metzger, Richard F. Etner Jr., Christopher Thomson and Matthew G. McAllister represented Pompano Beach-based-Stimpson in the $9.551 million sale of the Broward County land ($1,038,152 per acre).
“Pompano Beach’s central location in South Florida’s Tri-County area has driven demand for developable land in the market to exceptional levels,” said Metzger. “This site is located at the narrowest point in Broward County between Interstate 95 and Florida’s Turnpike and sits at the entrance of the Sawgrass Expressway. From a pure logistics standpoint, there is no better location.”
The site is adjacent to Stimpson’s 278,000-square-foot manufacturing facility at 1515 SW 13th Court, which produces the largest variety of standard and special eyelets of any single company in the world.
The eight-member South Florida Industrial team led by Metzger, Etner Jr. and Thomson has negotiated just over 5.5 million square feet of sale and lease transactions valued at more than $168 million to date in 2019. For more information, please visit www.southfloridaindustrialteam.com.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.