EML Realty Partners Announces Acquisition Of Aramark Distribution Facility In Fort Pierce
Jupiter, FL-based EML Realty Partners announced the acquisition 7385 Commercial Circle in Fort Pierce.
The industrial building, fully leased to Aramark, a Fortune 500 company with over 18 billion dollars in annual revenues, was purchased for $1,912,500, which equates to $135 per square foot and has a new five year lease.
“We are excited to have closed on this property and to be adding Aramark to our growing class-A credit tenant roster,” said Eric M. Levitt, founder of EML Realty Partners. “This acquisition is the third so far this year for EML Realty Partners. EML currently owns and operates several warehouses in Fort Pierce and remains bullish on the treasure coast industrial market as it continues to expand it’s portfolio all over the state of Florida.”
EML Realty Partners specializes in the acquisition of opportunistic commercial real estate investments with a high concentration of industrial properties throughout the state of Florida. Founded by Eric M. Levitt, EML Realty Partners specializes in creating value on these properties after they are acquired. Prior to moving to Florida, EML Realty Partners was a very active and well-respected real estate firm in the Mid-Atlantic region.
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