Tag Archive for: industrial property lease

Michael Rauch and Thomas Robertson, Senior Managing Partners with Rauch Robertson & Co., are pleased to announce the completion of the lease/sale transaction of the National Multiple Listing (NML) property located at 6601 N. Andrews Avenue in Ft. Lauderdale’s Cypress Creek Uptown Business District.

NML has been a business leader and icon in the real estate marketing/print/photography industry for more than 50 years. With the completion of the lease/sale on the ±42,737 warehouse/manufacturing building to Over the Top, Inc., a national linen services company also based in Ft. LauderdaleNML can now move into a new phase of its business operations.

This uniquely-located property features 100% AC and sprinklered warehouse, 2 loading docks, 1 grade level door, electric overhead doors, 2 executive covered parking garages, heavy power, and more than 8,000 square feet of office/showroom.

Over the Top, Inc. was represented by Coldwell Banker Real Estate.

Tom Robertson and Michael Rauch

Mr. Rauch commented, “We are very pleased to have been able to assist this well-respected family of business entrepreneurs and we wish them the best in all future endeavors.”

Robertson added, “We currently represent several prospective active buyers that are utilizing our firm to source industrial properties from 30,000 to 45,000 square feet in Broward County.”

DACO Worldwide Marketing Corp. (DACO), a privately-held wholesale corporation and leader in supply chain logistics/distribution for construction materials to Central/South America and the Caribbean, has signed a 32,425-square-foot, 7-year lease at Davie Business Center-Building A, located at 3300 Davie Road in Davie, Florida.

Michael Rauch

Michael Rauch

Michael Rauch, Senior Managing Partner with CRE Florida Partners, negotiated the lease on behalf of DACO.

DACO will occupy the entire newly-completed distribution warehouse facility, which is owned and operated by Atlanta-based IDI.

The critical elements of the deal included a new ±4,500 SF office build-out as well as other amenities required in the loading dock area of the premises.

“Industrial distribution facilities in South Florida are becoming harder to source and matching our client’s needs to available product is no less difficult due to a shrinking inventory of industrial product in South Florida,” Mr. Rauch commented. “We are grateful to be able to successfully negotiate this critical lease to support DACO’s future growth.”

CBRE’s Larry Dinner represented the Landlord in the transaction.