Easton Group closes 120,000sf transaction

DORAL - The Easton Group has purchased a 120,000sf warehouse in Deerfield Beach. The building, at 2900 Southwest 15th St., was built in 2003 on 8.84 acres. The Easton Group, through its partnerships, bought the warehouse from Graebel/South Florida Movers Inc. for $9.6 million ($81 psf) and leased it back to the company. Financing was provided by State Farm Life Insurance Company.