Exeter Property Group, a suburban Philadelphia-based real estate investment management company that focuses on industrial properties, has scooped up a Coral Springs factory for $14.88 million.

The 245,000-square-foot building at 4250 Coral Ridge Drive is part of the Corporate Park of Coral Springs, an industrial and business complex east of the Sawgrass Expressway between Sample and Wiles roads.

Cushman & Wakefield executive directors Richard F. Etner Jr., Christopher Metzger, Christopher Thomson and director Matthew G. McAllister represented Exeter Property Group in the purchase.

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