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Goods Roads Snaps Up Industrial RE for $5M

FORT LAUDERDALE, FL-Two tenants currently occupy 20,000 square feet in the building. Good Roads will move into the remaining 50,000 square feet.

By Jennifer LeClaire | Updated on May 26, 2011

FORT LAUDERDALE, FL-In another sign South Florida’s industrial market is making a strong recovery, a 70,000-square-foot building in the Fort Lauderdale Commerce Center has traded for $4.5 million. Located at 5360 NW 35th Ave., Good Roads, a Florida-based wheels and tires manufacturer, acquired the property from Nat and Sam Butters.

Cushman & Wakefield’s Chris Metzger, Rick Etner, Sky Groden, Christopher Thomson and Justin Cope represented the sellers in marketing the property. CushWake also represented Good Roads in negotiations with Nat and Sam Butters.

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