Tom Robertson and Michael Rauch
Tom Robertson and Michael Rauch, Senior Managing Partners with CRE Florida Partners, represented History and Heraldry (H&H)Ā in the sale of their industrial real estate facility located at 4001 NW 124th Avenue in Coral Springs.
Advanced Care Solutions, a supplier and distributor of medical supplies and equipment, purchased the Ā±24,258-square-foot Class A industrial asset for $2,900,000, or $120 PSF.
The 2005-built property features tilt wall construction, 24ā warehouse clear height, fully-sprinkled with dock and grade-loading doors, elevator served, and heavy power on 1.51 acres.
āIndustrial distribution facilities in South Florida are becoming harder to source and this purchase represented a very good match for both Seller and Buyer,ā commented Rauch.
āItās a very vibrant time for warehouse properties to be sold in South Florida. The availability of well-located industrial buildings is dwindling daily,ā added Robertson.