Levy Realty Advisors’ Broker 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, Florida, 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.

About Levy Realty Advisors:

Levy Realty Advisors, Inc. was established in 1977 and is well known in the South Florida area for its expert advice in the Commercial and Industrial Real Estate industry. Alan Levy, Broker/President, and his company, specialize in the Sale, Property Management and Leasing of Multi-Tenant Commercial and Industrial Properties with emphasis in Office/Warehouse, Warehouse Complexes, Office and Medical Facilities. Levy Realty Advisors, Inc. is a family owned company heavily entrenched in Property Management and Leasing and is currently providing Property Management and Leasing Services for approximately 2,500,000 sq. ft. of buildings. For more information, please call 954.491.5505or visit www.levyrealtyadvisors.com.