Posted on January 10, 2017 · Posted in Industrial / Flex, Investments

Levy Realty AdvisorsBroker and President Alan Levy, along with Jan Stolow, Broker Associate with Levy Realty Advisors, represented the Buyer, Benjamin J. Genet of Genet Property Group for the buying entity known as 7544 McNab, LLC, in the purchase of a 136,000-square-foot small bay warehouse asset, situated on 8.13 acres at 7544 W. McNab Road in North Lauderdale between State Road 7 and University Drive.

The $8,000,000 purchase of McNab Commercial Center closed December 15.

“The transaction took six months to close while the seller searched for a 1031 Tax Deferred Exchange replacement property,” explained Levy.

McNab Commercial Center is a small bay warehouse project with a wide variety of local tenants.  The Seller, McNab Commercial Center No. 1 LLC, was represented by Berger Commercial Realty President Lloyd Berger.

 

 

 

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