1886 NW 29th St

Weaver Morrison Commercial Real Estate Principal Franklin B. Morrison negotiated the sale of a ±6,000-square-foot small bay warehouse building on behalf of the seller, 1886 Florida Property LP.

After an extensive marketing campaign, the property, located at 1886-1890 NW 29th Street in Oakland Park, sold for $590,000 to Oakland 29 LLC, a small bay warehouse investor. There was no co-broker involved in the transaction.

Mr. Morrison has achieved great success with the industrial, multi-tenant, small bay warehouse product.  As a result of his efforts, he has assembled a substantial client list that significantly improves the marketing and sale of this product type.

 

216 SW 28th Street

Weaver Morrison Commercial Real Estate Principal Franklin B. Morrison identified a strong all cash buyer within the first 30 days of marketing a ±2,000-square-foot industrial investment building with a long term credit tenant on behalf of the seller, Realty Associates, LLC.

216 SW 28th Street, LLC paid $1,330,000 for the investment property located at 216 SW 28th Street in Fort Lauderdale.

A long term (20+ years) tenant recently signed a new 7-year lease starting January 1, 2021 with 3% annual increases at the property. The building, which is situated on a ±19,186-square-foot lot, features a ±3,200-square-foot free standing covered loading dock and 3-phase electrical power.

Numerous leasehold improvements have been made at this location over the years, including:

  • Electric powered assisted gates
  • Closed circuit security alarm system
  • Fiber optics
  • Newly built retail store and driver break room in warehouse
  • New storm drains in truck yard area
  • Repaved asphalt in all lots
  • New roof and resurfaced loading dock area

Mr. Morrison has achieved great success with the industrial, multi-tenant, small bay warehouse product.  As a result of his efforts, he has assembled a substantial client list that significantly improves the marketing and sale of this product type.

 

3557-3565 nw 9 terrace

Weaver Morrison Commercial Real Estate Principal Franklin B. Morrison negotiated the sale of two ±8,000-square-foot small bay warehouse buildings on behalf of the sellers, Thomas Dunlavey and Daniel & Cecilia Dunlavey.

3557 & 3565 NW 9 TERR, LLC paid $950,000 for the properties, which are located at 3557-3563 and 3565 NW 9th Terrace in Oakland Park.

Mr. Morrison has achieved great success with the industrial, multi-tenant, small bay warehouse product.  As a result of these efforts, he has assembled a substantial client list that significantly improves the marketing and sale of this product.

3251 NW 101 Ave

Todd Weaver_500X500Todd H. Weaver, Agent and Principal with Weaver Morrison Commercial Real Estate along with Gerri A. Weits with National School Developers represented the buyer, DLY, LLC, in the purchase of two buildings totaling ±20,316 square feet located at 3251 NW 101st Avenue in Coral Springs.

DLY, LLC paid $2,850,000 for the buildings.

The property and buildings will be utilized as an expansion for the Mesivta School of Coral Springs.

William Taussig of Marcus & Millichap represented the seller, North Broward Preparatory Schools, LLC.

 

Specialized Towing

Weaver Morrison Commercial Real Estate‘s Franklin B. Morrison, who was with NAI Kurtz at the time of the deal, negotiated the purchase of an ±18,425-square-foot office / manufacturing / storage facility on behalf of the buyer, Therr Era NW LLC d/b/a Specialized Towing.

Specialized Towing paid $3,800,000 for the facility.

The property is located in the Coral Springs Corporate Park at 11950 NW 39th Street in Coral Springs.

Yuri Quispe of CBRE represented the Seller, Arrow Communications Enterprises.

The Seller is retiring and the new owner will be using the 1 acre walled-in yard for his specialized towing company.

Morrison is now representing the owner in offering ±6,200 square feet of office/manufacturing space for lease.

Morrison and Todd H. Weaver launched Weaver Morrison Commercial Real Estate, a commercial real estate company providing Sales, Leasing, Landlord Representation, Tenant Representation, Property Marketing, Property Acquisition & Disposition, Property Valuation & Advisory Services, and Consulting throughout the State of Florida, last month.

Both serving as Principals of the new firm, Weaver and Morrison have worked together for over 25 years. They have established themselves in the South Florida commercial real estate brokerage community as well known and respected experts who specialize in representing real estate owners, and investors that provide outstanding customer service and professionalism with proven results.

Frank Morrison and Todd Weaver

Todd Weaver and Franklin B. Morrison have joined forces to launch Weaver Morrison Commercial Real Estate, a commercial real estate company providing Sales, Leasing, Landlord Representation, Tenant Representation, Property Marketing, Property Acquisition & Disposition, Property Valuation & Advisory Services, and Consulting throughout the State of Florida. Both serving as Principals of the new firm, Weaver and Morrison have worked together for over 25 years.  They have established themselves in the South Florida commercial real estate brokerage community as well known and respected experts who specialize in representing real estate owners, and investors that provide outstanding customer service and professionalism with proven results.

Todd Weaver is a Fort Lauderdale, FL native with deep roots in the community and has an insider’s knowledge of the local real estate industry. Since 1994, Mr. Weaver’s commercial/industrial real estate sales and leasing expertise has served the tri-county South Florida marketplace as well as throughout the United States. Prior to Weaver Morrison Commercial Real Estate, Weaver worked at NAI Rauch Weaver Norfleet Kurtz & Co. that was originally incorporated in 1972 by his father George Weaver, along with Wayne Rauch and Joe Millsaps under the name Rauch, Weaver, Millsaps & Co. Todd Weaver’s area of expertise in the commercial/industrial marketplace focuses on marketing his client’s properties and targeting prospective buyers and tenants likely to transact a purchase or lease for a specific property. He has consistently performed throughout his career in the top tier of his peers, with impressive results of over $300 million in gross sales and leasing. For property owners his skills include the ability to educate each client about the current marketplace, customize a marketing plan for the property and maximize property sale prices or lease values. For buyers and tenant representations, Mr. Weaver has a unique skill set summarizing the existing marketplace with up-to-date information to help the client make the most informed decision for their business.

Frank Morrison is a longtime resident and native of South Florida with a thorough understanding of the area’s past, along with its present and future trends. His commercial real estate career has spanned more than three decades. Prior to Weaver Morrison Commercial Real Estate, Morrison worked at NAI Rauch Weaver Norfleet Kurtz & Co. as a Senior Associate specializing in commercial and industrial properties and was consistently a top producer. A trusted advisor to clients that include ExxonMobil, North Broward Hospital District, First Citizens Bank, Equity Residential and many others, Morrison helps clients navigate the ups and down of the commercial real estate market with ease, creating value through the repositioning and rebranding of their assets, enabling him to serve clients with a variety of requirements. Morrison has achieved great success with the industrial, multi-tenant, small bay warehouse product. As a result of these efforts, he has assembled a substantial client list that significantly improves the marketing and sale of this product.

Russell Weaver 112020_500x500

Russell Weaver also joins the firm as Commercial/Industrial Specialist. Russell has been extensively involved with commercial real estate for over twenty years, starting in his youth, assisting with his family’s portfolio of properties in South Florida. He has supported the family in the development and growth of the portfolio and expanded his focus to help other landlords, investors and business owners get the most out of their real estate transactions. He is well known in the commercial real estate industry for his honesty, commitment, and integrity toward his clients.

“I am excited to continue working with such exceptionally talented, honest, and hard-working professionals,” said Todd Weaver.

Morrison noted that the team has worked together for many years on a variety of developments and projects and enjoyed the success those partnerships brought.

“What really makes this venture unique is the synergy of different abilities and strengths,” Morrison added. “Our mission is to consistently deliver the most professional and comprehensive level of service available in the market and our seasoned team of professionals, our ability to connect local market knowledge with business insight, as well as our track record in forming long-term business relationships with property owners, investors and users that go far beyond a single project or transaction will allow us to successfully complete that mission.”