Hollywood, FL, May 07, 2016 --(PR.com
)-- Current Capital Group has finalized the sale of 5626 and 5736 Plunkett Street, a total of four warehouse buildings set in Hollywood's Washington Park industrial submarket. The commercial real estate services firm's Founder and CEO, Todd Nepola, represented the seller.
The income-producing asset houses multiple tenants and was 88 percent occupied at the time of sale. "This property is very strategically located in one of the best-performing industrial submarkets in Broward County," said Nepola. "The warehouses are located just a few blocks from the new Walmart Super Center and Hollywood's developing 441 corridor, and the area is projected to have a steady continued growth."
5624 and 5746 Plunkett St. are located near downtown Hollywood and the city's growing 441-corridor. They are also in proximity to Florida's Turnpike, I-95 and The Port of Ft. Lauderdale; one of the most active cargo ports in the United States and a highly desirable business center for international trade.
Current Capital currently oversees the management and leasing for multiple warehouse, retail and other income producing properties in Hollywood and the surrounding areas. Their management services also extend out to Miami, Lake Worth, and Port St. Lucie.
About Current Capital Group
Current Capital Group's industrial brokerage platform provides local expertise for tenant and landlord representation, disposition and acquisition services, transaction management, and property management for commercial income producing properties. You can find out more about Current Capital Group's services at http://www.currentcapitalgroup.com