The new company brings together decades of experience and billions in real estate transactions under one roof, positioning itself as a “one-stop shop” for clients seeking top-tier commercial brokerage expertise across Florida.
The industrial facility consists of one building totaling 17,303 square feet of RBA, situated on five acres.
The 40,000 square foot property is situated on 3.5 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.
EML Realty Partners owns over 50 other buildings throughout the state of Florida and multiple industrial assets located within Jupiter Commerce Park.
The portfolio is strategically located across key industrial hubs, totaling 40,606 square feet of RBA and sitting on 6.3 acres.
The industrial warehouse consists of a masonry/tilt-up building totaling 22,408 square feet of RBA and situated on 1.58 acres.
The industrial building, fully leased to Aramark, a Fortune 500 company with over 18 billion dollars in annual revenues, was purchased for $135 per square foot and has a new five year lease.
EML Realty Partners’ Florida portfolio consists of more than 30 properties with a value in excess of $600 million and over 2,000,000 square feet of leasable space.
“Both of these properties are a classic value add where current rents are below market, purchase price way below replacement cost, short-term leases and some capital improvements to maximize the increase in value,” added Levitt. “It is very hard to find value add industrial properties in Florida and we are looking forward to rolling up our sleeves to make this a great long-term investment.”