CBRE brokers 16,800sf sale

DEERFIELD BEACH - CB Richard Ellis arranged the sale of the 16,832sf industrial, single-tenant investment property at 1600 SW 34th Ave. in Deerfield Beach. The property was acquired by a local investor as a long-term investment for $2,200,000 or $130.70 psf.

Harry G. Tangalakis, senior vice president, and Tom O’Loughlin, associate, both with the CBRE’s Fort Lauderdale office, exclusively represented the buyer, while Bill Neimann of Campbell and Rosemurgy Real Estate represented building ownership, Peter Chamberl Trust of Deerfield Beach.