Stanley Industries of South Florida Inc., which occupied the building as Gallery Industries, sold the building at 11305 N.W. 128 St. in connection with its move to South Broward County. Conmir Investments, an investor-user, is in the food-related business and makes the move from the Miramar Park of Commerce.
"The seller was happy because we achieved $5 to $7 per sf above two recent comps in the same development," says Rafael Villamizar, a broker involved in the deal. The six-year-old building is located in Medley Industrial Park.
Eric Person, senior vice president, and Villamizar, vice president, both in the local office of Grubb & Ellis, represented Stanley Industries of South Florida in the transaction. Florida Corporate Realty represented Conmir Investments.
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