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Industrial · Deerfield Beach, FL · July 10, 2026
A 53,712-square-foot industrial property at 1143 W Newport Center Dr in Deerfield Beach, Florida sold for $10,659,900 ($198 per square foot) on July 10, 2026. Grandview Newport LLC acquired the property from GBI Real Estate LLC, according to Broward County records.
GBI Real Estate LLC had held the property since 1999, having purchased it for $3,030,000 from Itochu Cable Serv Inc. The most recent sale price reflects an increase of $7,629,900 (252%) over 27 years.
Price per square foot is calculated by dividing the total sale price by the building's total square footage. It is the standard metric used to compare industrial transactions of different sizes.
Buyer and seller names reflect the entity named on the recorded deed with the county. Most commercial real estate transactions close under an LLC or holding company rather than an individual's name, which is standard practice and not unique to this transaction.
Data sourced from the Broward County Property Appraiser. Information is believed to be accurate but may contain errors or omissions.
