Press Release brought to you by NAI Rauch Weaver Norfleet Kurtz & Co.

NAI Rauch Weaver Norfleet Kurtz & Co Represents Sale of Automotive Retail Strip Center in Margate, Florida

05/02/2017

Margate, FL – May 2, 2017 – NAI Rauch Weaver Norfleet Kurtz & Co., a member of the world’s premier managed network of commercial real estate firms, announced today that Todd H. Weaver, Commercial/Industrial Real Estate Specialist, represented the sale of a ±8,651 SF automotive retail strip center located at 2185-2189 North State Road 7, Margate, Florida 33063.

Weaver reports, “This sale represents the current transformation taking place in the City of Margate along the SR 7/US 441 corridor.”

Property:

2185-2189 North State Road 7

Margate, Florida 33063

Size of Property Sold:

±8,651 Square Foot Multi-Tenant Building on ±30,789 SF Land

Type of Property:

Retail Strip Center

Seller:

Premiere Automobile Sales Inc.

Seller Rep:  

Todd H. Weaver - NAI Rauch Weaver Norfleet Kurtz & Co

Buyer:

Lawrence McGill

Sales Price:

$2,650,000

About NAI Rauch Weaver Norfleet Kurtz & Co.

NAI Rauch Weaver Norfleet Kurtz & Co. is a full-service commercial real estate brokerage and property management firm, a South Florida tradition for 50 years. We offer local deep roots with years of experience combined with the international reach of NAI Global. To learn more about our company and its services, visit our website at www.rwnk.com.

About NAI Global

NAI Global is the single largest, most powerful global network of owner-operated commercial real estate brokerage firms. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. NAI Global Member firms, leaders in their local markets, are actively managed to work in unison and provide clients with exceptional solutions to their commercial real estate needs. Founded in 1978, today NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing in excess of 425 million square feet of property. Supported by the central resources of the NAI Global network, Member firms deliver market-leading services locally and combine their in-market strengths to form a powerful bond of insights and execution for clients with multi-market challenges.

NAI Global was acquired in 2012 by C-III Capital Partners, a commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, title services and multifamily property management.

To learn more, visit www.naiglobal.com.

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Source

NAI Rauch Weaver Norfleet Kurtz & Co.

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