Maesel has stepped into the role in order to elevate the entire team. With a ‘Deliberately Different’ approach to commercial real estate, the company places culture over production not only with the ROI Group but the rest of the company, which features six offices and nearly 50 advisors.
The transaction was brokered by SVN | Commercial Partners’ Lydia Montaigne, along with co-brokers Michael Oretsky and Tom O’Loughlin of CBRE.
The 17,228-square-foot property sold for $8,025,000.
These projects not only represent significant opportunities for Bollig and his clients but also signal the continued upward trajectory of St. Lucie County as a desirable destination for development.
Adam H. Klein and Elon Gerberg facilitated the transaction for both seller and buyer.
This transaction underscores the continued activity on the Treasure Coast, specifically in Port St. Lucie and Fort Pierce.
As Fort Lauderdale faces a scarcity of available commercial investment properties, savvy investors are redirecting their focus towards well-located assets in surrounding submarkets, particularly Oakland Park.
With his experience as a restaurateur, expertise in commercial real estate and owning his own firm in Chicago for over 20 years, he brings a unique perspective and acumen to the hospitality industry.
The industrial flex warehouse located along NE 189th Street in the high barrier-to-entry market of Aventura (Miami MSA) offered both stable income with additional upside, given the size and liberal zoning of the parcels as well as the prime location and strong opportunity for redevelopment.
The transaction equated to $176,944 per unit.