Michael Rauch and Tom Robertson, Senior Managing Partners with the Boca Raton-headquartered firm, negotiated the sale of a ±16,879-square-foot, FDA-qualified industrial manufacturing building located in Boynton Beach, Florida.
Rauch and Robertson represented the seller, a Palm Beach County-based commercial real estate developer/owner/operator, in a transactional broker capacity.
The property, located at 151 Commerce Road in Boynton Beach, traded for $2,750,000 ($163 PSF) and is well suited for FDA qualified manufacturing uses. Copperpoint Brewing Company, an independently owned and operated full production brewery and tap room, purchased the facility. Rauch brokered the lease of the property to Copperpoint in 2014.
“This state-of-the-art brewing facility and tap room was opened in 2014 by two skilled entrepreneurs, and they are proud to be the new owners of this state-of-the-art facility,” Rauch commented.
“Mike and Tom were instrumental in getting this transaction closed, providing first-class guidance throughout the due diligence and closing process,” said investor Al Lettera. “We could not have done it without them,” added Head Brewmaster Matthew Cox.
Rauch and Robertson are currently working with several buyers looking for 10,000 – 40,000 SF industrial buildings in Broward and Palm Beach County.
The brokerage company is also 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, which 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 RRCRA 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 firstname.lastname@example.org, attention Michael Rauch.