Tom Robertson, Senior Managing Partner with CRE Rauch Lupo Robertson, a CRE Florida Partners company, recently closed on the sale of an industrial multi-tenant investment property located at 170 Commerce Road in

170 Commerce Road, Boynton Beach

Boynton Beach, FL to Highridge Properties LLC.

Although the purchase price has not been disclosed, the 20,352 square foot facility, which was built in 2001, was valued in 2012 at nearly $1.4 million.
“The property’s close proximity to I-95 via Gateway Blvd. certainly added tremendous value to the offering. This property in particular never had a vacancy for more than 60 days and the additional 150,000 square feet we represent for sale and lease within the highly-desirable Commerce Road corridor is no different,” said Robertson.Robertson represented the landlord, Commerce Road Realty Co., Ltd., in the transaction. He also handled the property leasing for the past several years.

“Industrial continues to draw significant interest, specifically well-located product with great access,” added CRE Rauch Lupo Robertson Senior Managing Partner Michael Rauch.

DACO Worldwide Marketing Corp., a wholesale building supplies distributor, has signed a 11,350 square foot, 3-year lease at Pembroke Commerce Center, located at 3866 Pembroke Road in Pembroke Park.

Michael Rauch and Tom Robertson, Senior Managing Partners with CRE Rauch Lupo Robertson, a CRE Florida Partners Company, negotiated the lease on behalf of the tenant.

This is the third location for the Jacksonville-based company.  Rauch was responsible for bringing the firm to Ft. Lauderdale in 2010.

“This was a tough requirement that required special outside storage, product staging areas and logistics proximity to the Port of Miami, Port Everglades and FTL International Airport. DACO is a regional credit tenant and is expanding in Florida and the Central American and Caribbean markets. We are their exclusive representative in the America’s region,” commented Rauch.

The Class A corporate industrial park, which is owned by landlord Pembroke Commerce Center II, is located 1/2 mile west of I-95 on Pembroke Road at SW 40th Avenue. In addition to easy access to I-95 from Pembroke Road, Hallandale Beach Boulevard and the Turnpike, this location benefits from its close proximity to both Miami and Ft. Lauderdale International Airports and Port Everglades.

Tom Robertson, Sr. Managing Partner of CRE Florida Partners LLC, added, “This assignment represents our commitment to serving our international commercial real estate clients and our expanding partnerships in Europe are a testament to this commitment.”

CRE Rauch Lupo Robertson, a CRE Florida Partners Company, has been appointed exclusive sales agent for 1432 E. Newport Center Drive, a 15,268-square-foot R&D office and warehouse building in Deerfield Beach, Florida.

The single-story facility is situated within Newport Center, a large, master-planned professional business park located 5 minutes from Interstate I-95, just south of SW 10th Street, with easy access to the Sawgrass Expressway.  The park features two hotels, a daycare center, and is home to many notable tenants including JPMorgan Chase, UM Sylvester, Quest Diagnostics, and Mapei Corporation.

The building, which was built in 1996, features 15,268 square feet of available R&D office and warehouse space, with 18’ clear ceiling heights.

“It’s a very vibrant time for warehouse properties to be sold in South Florida. The availability of well-located industrial buildings is dwindling daily,” said Tom Robertson, Senior Managing Director of CRE Rauch Lupo Robertson.

Michael Rauch, Senior Managing Director of CRE Florida Partners added, “With its location stand-by generator, 1,000 gallon propane tank and large-lighted monument signage, we’re confident the property will appeal to a broad base of buyers.”

The properties are being marketed by both Mr. Robertson and Mr. Rauch.

Robertson represented seller General Electric Superabrasives US Inc. in the sale of the 22,000 SF building located at 1111 W Newport Center Drive in 2010 and represented seller Stryker Medical Device Inc. in the sale of the 11,000 SF building located at 1425 E. Newport Center Drive in 2009.

Rising Star Gymnastics, Inc. has signed a 20,000 square foot, 5-year lease at 6500 W. Rogers Circle in Boca Raton, Florida.

Michael Rauch and Tom Robertson, Senior Managing Partners with CRE Rauch Lupo Robertson, a CRE Florida Partners Company, negotiated the lease on behalf of the landlord, US Emlak Corporation.

The gym offers a wide range of gymnastics classes and camps in the Boca Raton area from beginner to advanced for all ages and is also home to the Rising Stars Gymnastics competitive team featuring gymnasts from Level 1 through Level 9. This group of girls competes in USAG and AAU competitions throughout the state of Florida as well as out of state meets. The gym also hosts sanctioned gymnastics meets in the fall and spring.

“Rising Star Gymnastics is an expanding and very successful gymnastics operation, prompting the need to double their space from their former Boca Raton location,” stated Robertson.  “6500 W. Rogers met their needs and kept them close to the location they have called home for the past 10 years.”

Rauch and Robertson just secured the 30,000 square foot leasing assignment last month.

“The property is situated in the heart of Boca Raton’s most desirable industrial submarkets with immediate access to I-95 and the Florida Turnpike, and will be desirable location for many types of uses,” said Rauch.

The class A industrial property features 24’ ceiling height, dock and ground level loading,100% air-conditioned, 3- phase power, and ample parking.

6500 W. Rogers Circle, Boca RatonCRE Rauch Lupo Robertson has secured a 30,000 square foot leasing assignment at 6500 W. Rogers Circle in Boca Raton. The property is owned by U.S. Terra Corp.

The class A industrial property features 24’ ceiling height, dock and ground level loading,100% air-conditioned, 3- phase power, and ample parking.

Michael Rauch and Tom Robertson, Senior Managing Partners will serve as exclusive leasing agents for the assignment.

“The property is situated in the heart of Boca Raton’s most desirable industrial submarkets with immediate access to I-95 and the Florida Turnpike, and will be desirable location for many types of uses,” said Rauch.

CRE Rauch Lupo Robertson, a CRE Florida Partners Company, has been appointed exclusive leasing and sales agent for the Lake Whitney Professional Park in St. Lucie West, Florida.

The 211,000 square foot medical and professional office campus is located close to Interstate I-95, East on Exit 121. The complex houses 15 one- and two-story office buildings as well as individual office suites.

In addition, CRE Rauch Lupo Robertson will also market a 4-acre land parcel adjacent to the complex zoned for hotel, assisted living facility, and medical surgery center for sale or development.

“The complex offers tenants a variety of office solutions in an attractive environment,” said Tom Robertson, Senior Managing Partner. “The medical campus-style office park is well located for tenants to access I-95 and the Turnpike as well as major hospitals in the area, including the New Martin Memorial Hospital site at the Traditions Florida Center For Innovation and Lawnwood Regional Hospital.”

Tom Robertson was instrumental in the sale of two 9,000 square foot buildings on the site for approximately $4 million and the leasing of over 45,000 square feet of medical office space at the complex.