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10044 NW 31st Street 745x390

Todd Weaver_500X500Weaver Morrison Commercial Real Estate Principal Todd H. Weaver, in conjunction with Gerri A. Weits of National School Developers, represented the seller and buyer in the acquisition of a ±21,238-square-foot school building on 3.12 acres in Coral Springs, Florida.

North Broward Preparatory Schools, LLC sold the property located at 10044 NW 31st Street in Coral Springs to an owner/user for $5,500,000, equating to $259 per square foot.

The deal closed June 6.

The buyer, Academic Solutions Academy, Inc., will operate the property as a charter high school serving grades 9 through 12.

3240 SE 6th Avenue 501 SE 33rd Street

Todd Weaver_500X500Weaver Morrison Commercial Real Estate Principal Todd H. Weaver negotiated the sale of an office/small bay warehouse portfolio on behalf of the seller, Federal Millwork Corp.

The properties, located at 3240 SE 6th Avenue and 501 SE 33rd Street in Fort Lauderdale, Florida, were sold to an owner/user for $1,475,000.  The buyer, 27th Avenue Enterprises, LLC, was represented by Carol Viteri of Vizcayne Realty in Miami.

The portfolio consists of a ±2,359-square-foot office plus ±1,120-square-feet of mini-storage and ±11,787-square-feet of land, with an adjacent ±3,705-square-foot small bay warehouse and ±5,859-square-feet of land.

The former veterinary office will be utilized as an auto related business.

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.

 

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.”