Berger Commercial Realty/Corfac International Managing Director-Palm Beach County Michael Feuerman, Esq., SIOR, CCIM and Sales Associate Daniel Silver, along with Matt Sultenfuss, SIOR, Managing Partner at Tampa-based Avocat Group, negotiated the deal on behalf of the tenant.
The first phase of Seagis @ Port 95 spans three industrial buildings, totaling 142,000 square feet.
“The Buyer plans to make capital improvements to the property,” explained Thiel. “These small bay warehouses/apartment properties are rare and great investments to have in today’s market.”
Genet Property Group purchased the small bay warehouse.
A full-service personal injury, product liability, and consumer advocate law firm, purchased the building.
Due to the efforts of Berger Commercial Realty’s leasing team, more than 28,000 square feet of new lease deals and renewals have recently been executed, bringing this prime industrial center to reach 100% occupancy.
The high-end residential construction company plans to convert the former vegan restaurant and dance studio to its corporate offices.
Beck and Byrnes represented the seller, Benson Properties Inc., in the transaction. No outside brokers were involved in the deal.
The lease deal comes on the heels of 96,728-square-foot lease deal, which the Berger Commercial Team negotiated earlier this month.
The Bridge Point 595 location marks a new Florida location for the company.