Cushman & Wakefield Arranges Sale Of Port St. Lucie Industrial Center
The buyer is a joint venture between East Capital Partners, Tramview Capital Management, and ABR Capital Partners.
The buyer is a joint venture between East Capital Partners, Tramview Capital Management, and ABR Capital Partners.
The small-bay light industrial buildings were 95% leased at the time of sale to 42 tenants.
The building is leased to a mix of 25 office and retail tenants.
The buyer is a JV whose principal firms include East Capital Partners, Tramview Capital Management, and ABR Capital Partners.
The property last sold in 2017 for $ 1,480,000.
Scott O’Donnell, Mike Ciadella, Greg Miller, Dominic Montazemi and Miguel Alcivar of Cushman & Wakefield represented the seller in the transaction.
The facility was sold by Elion Partners and acquired by Link Logistics.
The Class A industrial portfolio is comprised of three buildings totaling 197,608 square feet.
Mike Davis, Dominic Montazemi, Rick Brugge, and Rick Colon of Cushman & Wakefield arranged the sale on behalf of both the seller and buyer.
Miguel Alcivar, Wayne Ramoski, Dominic Montazemi, Scott O’Donnell, Mike Ciadella, and Greg Miller of Cushman & Wakefield arranged the sale on behalf of the seller.
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