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Rauch Robertson & Co. Senior Vice President Dan Casey, CCIM represented the seller in the sale of a 12,184-square-foot office/warehouse facility located at 1358 E. Newport Center Drive in Deerfield Beach.

The building traded at $2,314,960 or $190 per square foot, marking the highest negotiated price per square foot for an industrial property in Newport Center and the firm’s second record breaking sale in the park in the past five months.

1358 W Newport Center Dr-front

In November 2019, Managing Partners Michael Rauch and Tom Robertson represented the seller in the sale of a 15,268-square-foot office/showroom/warehouse facility within the park. The building traded at $2,800,000, or $183 per square foot.

Newport Center is 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 businesses including JPMorgan Chase, Hoerbiger Compressor Technology, Quest Diagnostics, Sandvik Corporation, HYLA USA, and the Mapei Corporation.

“Businesses recognize the convenience and prestige that a Newport Center address provides, and this is why we’re seeing property values continue to rise,” explained Casey.

Rauch, Robertson & Co. is seeking leasing and investment sales professionals for its growing commercial real estate expansion in Miami-Dade, Broward and Palm Beach counties. Multiple positions are available within these and other Florida markets that offer a unique ground floor career opportunity to work closely with the firm’s Founders Tom Robertson and Michael Rauch to move their vision for the brand forward. Commission and benefits are commensurate with experience. A Florida Real Estate License and Commercial Real Estate experience are required. Only qualified candidates should apply by forwarding resumes to mail@crefloridapartners.com.

 

Michael Rauch and Thomas Robertson, co-founders of Rauch, Robertson & Co. and CRE Florida Partners, welcome Dan Casey, CCIM to its team of professional commercial real estate specialists.

Dan Casey, CCIM is a senior real estate advisor with over twenty-five years of commercial real estate brokerage, development and management experience. His extensive market knowledge and broad-based expertise enables him to identify sound investment opportunities and develop value-enhancing strategies that maximize investment returns and minimize risk.

Dan has brokered commercial property acquisitions, dispositions and provided underwriting and due diligence advisory services on property and portfolio transactions of more than $500 million. He has represented commercial property owners and tenants in office, industrial and retail lease transactions totaling 510,000 square feet. His extensive background includes complex property transactions and successfully implemented distressed real estate workout and repositioning plans.

His management experience includes asset management of institutional property portfolios of 3.7 million square feet of Class A office.  As a Development Project Manager, he oversaw the design and construction of over $68 million of new construction and capital improvements projects, as well as tenant improvement projects of more than 350,000 square feet of Class A office and retail space.

“Dan will be critical to expanding our firm’s Commercial Investment team throughout the tri-county areas in South Florida,” commented Rauch. “We are excited to have him as a member of our real estate family.”

Dan earned the prestigious CCIM designation in 2010 and has been an active member of the CCIM Florida Chapter since moving to the state from Southern California in 2009.  In 2017, he sat on the CCIM Florida Chapter’s Executive Committee, served on the East Coast District’s Board of Directors since 2015, and is currently serving his second consecutive term as District President.  Dan is a graduate of Trinity University where he majored in History and minored in Business.

CRE Rauch, Robertson & Co. is seeking leasing and investment sales professionals for its growing commercial real estate expansion in Broward and Palm Beach counties. Multiple positions are available within these and other Florida markets that offer a unique ground floor career opportunity to work closely with the firm’s Founders Tom Robertson and Michael Rauch to move their vision for the CRE Florida Partners brand forward. Commission and benefits are commensurate with experience. A Florida Real Estate License and Commercial Real Estate experience are required. Only qualified candidates should apply by forwarding resumes to mail@crefloridapartners.com.