Lee & Associates South Florida Brokers Industrial Property Sale In Lake Worth Beach
Sebastian Misiewicz led the representation of both sides in the transaction.
Sebastian Misiewicz led the representation of both sides in the transaction.
The 40,000 square foot property is situated on 3.5 acres.
Niagara Bottling, a leading bottled water company, and Meyer Tool, a high-tech aerospace parts manufacturer, have both signed leases at the building.
PEBB Enterprises and Banyan Development continue to target the Treasure Coast region for strategic investment opportunities, with a particular focus on rapidly growing Port St. Lucie.
The 211,547-square-foot industrial facility is situated on 12.71 acres.
The 30,060 square foot Industrial warehouse on 4.2 acres offers manufacturing and distribution space, including 2,784 square feet of office space and approximately 4,522 square feet of climate-controlled workshop space.
“This was a quick listing and closing cycle, which demonstrates the strong demand for this type of high-barrier-to-entry product,” said Everett. “We were able to generate significant buyer interest and close the deal in two months, which reflects the continued strength of the South Florida industrial market.”
Maesel has stepped into the role in order to elevate the entire team. With a ‘Deliberately Different’ approach to commercial real estate, the company places culture over production not only with the ROI Group but the rest of the company, which features six offices and nearly 50 advisors.
This transaction is one of the highest sales to date for a small-bay industrial investment property in the Lake Worth market.
The properties are currently 90% occupied with short-term leases and rents that lag the market by 60%–80%.
CRE-sources, Inc. is committed to ensuring that individuals with disabilities can access all of the goods, services, facilities, privileges, advantages, and accommodations that we offer through our website.If you are having trouble accessing the website, please call us at 954.290.3866 for assistance.
