Rodney Langer, Senior Vice President and Market Leader for Equity’s Fort Lauderdale office of Ohio-based Equity, represented Tarco Properties in its $3.5 million dollar purchase of a former Grainger Tool Supply facility in southern Miami-Dade County, Florida. The property, located at 10900 Quail Roost Drive, consists of a 16,500 square foot building on 2.5 acres of land and features excellent exposure to the Florida Turnpike.
Tarco plans to redevelop the site as part of its Value Store-it self storage portfolio, by installing a mezzanine to the existing structure, building an adjacent tower and adding drive up units and parking storage. The total gross square footage once completed will be approximately 95,000 square feet.
Tarco is the owner and operator of 13 Value Store-it facilities in South Florida and Boston, Massachusetts. It has 2 additional sites in South Florida under development, and is actively seeking to expand self storage holdings in these areas.
Equity is a full-service commercial real estate firm offering complete, professional real estate development, brokerage, construction and property management services. We offer responsive and competitive service throughout the United States from the industry’s leading professionals, with offices in Columbus, Dayton, Cincinnati, Tampa, Orlando, Ft. Lauderdale, San Antonio, Austin and our newest office in Charleston. Equity’s mission is to provide these services with absolute integrity, quality and value. To speak with Langer, founder and leader of Equity’s National Self Storage Group, or to learn more about Equity, please contact Director of Marketing and Communications Anne Ring at 614-334-7801 or ARing@Equity.net.