Redfearn Capital Acquires Palm Beach Industrial Asset

Delray Beach-based Redfearn Capital, a private equity commercial real estate company that targets value add, distressed and opportunistic investment opportunities, acquired an industrial asset for $4.2 million.

Built in 1985, the 25,000-square-foot property, located at 6780 White Drive in Riviera Beach, is situated on 2-acres. The warehouse features 24’ clear height ceilings, 6 loading doors and outdoor storage.

While expanding throughout Florida, the tenant, World Electric Supply, has been a tenant for over 20 years.