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Lee & Associates South Florida Principal C. Todd Everett, SIOR Brokers Industrial Property Sale In Port St. Lucie

“This was a quick listing and closing cycle, which demonstrates the strong demand for this type of high-barrier-to-entry product,” said Everett. “We were able to generate significant buyer interest and close the deal in two months, which reflects the continued strength of the South Florida industrial market.”

Hersh Equity Group Acquires 118,500 SF Industrial Portfolio In Miami, Port St. Lucie

The properties are currently 90% occupied with short-term leases and rents that lag the market by 60%–80%.

PEBB Enterprises, Banyan Development Close Site Acquisition For New Retail Project In Port St. Lucie

PEBB and Banyan picked up the 23-acre site for $7.46 million.