Tag Archive for: murvest fine foods

Michael Rauch and Tom Robertson, principals of Ā CRE Rauch, Lupo, Robertson & Co.Ā have facilitated the sale of 1280-1288 SW 29th Avenue in Pompano Beach, Florida.

The Ā±42,897 square foot USDA facility was sold to Murvest Fine Foods, a purveyor of meat and specially food products in Ft. Lauderdale, for $3,075,000.

Murvest acquired the facility to continue its next phase of expansion. The facility contains over Ā±32,000 SF of food processing space including freezers, coolers, cooking and dry storage areas plus approximately Ā±10,000 SF of air conditioned warehouse. The building was built in1984 and was Boston Marketā€™s main south Florida commissary during the 1990ā€™s.Ā The acquisition by Murvest took over a year to complete.

The acquisition by Murvest took over a year to complete. ā€œWe are very pleased to have finally acquired the property, originally one of the most well designed USDA plants in south Florida,ā€ said John Murphy, Murvestā€™s owner. ā€œWhile there is much work yet to be done we are confident the facility will serve our needs wellā€, he said.

ā€œThe industrial market is certainly improving even for specialized buildings such as this one and both buyer and seller representation assignments are increasing for CREā€, stated Rauch. Robertson added, “We worked long and hard to complete this transaction and a lot of credit should be given to the buyer and seller for completing a difficult sale.ā€