Tag Archive for: newport center

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Rauch Robertson & Co. Reps Seller In Another Record Industrial Facility Sale

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 firmā€™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.Ā  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.

ā€œBusinesses recognize the convenience and prestige that a Newport Center address provides, and this is why weā€™re seeing property values continue to rise,ā€ 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 firmā€™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.

 

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CRE Florida Partners Reps Seller In Record Industrial Facility Sale

CRE Florida PartnersĀ  Managing Partner Michael Rauch and Tom Robertson represented the seller in the sale of a 15,268-square-foot office/showroom/warehouse facility located at 1432 E. Newport Center Drive in Deerfield Beach.

The building traded at $2,800,000, or $183 per square foot, marking the highest negotiated price for an industrial asset in 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.Ā  The park features two hotels, a daycare center, and is home to many notable businesses including JPMorgan Chase, UM Sylvester, Quest Diagnostics, Sandvik Corporation, HYLA USA, and the Mapei Corporation.

ā€œThis Class A asset is the firmā€™s fourth sale within Newport Center, which included an exclusive investment assignment owned by the General Electric Company,ā€ commented Robertson. ā€œAs industrial building users continue to expand their businesses the demand for this asset type will remain strong.ā€

CRE Rauch, Robertson & Co.Ā 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 firmā€™s FoundersĀ Tom RobertsonĀ andĀ Michael RauchĀ to move their vision for theĀ CRE Florida PartnersĀ 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 toĀ mail@crefloridapartners.com.