380,000 SF Cold Storage Warehouse Coming To Port St. Lucie
Sansone Group’s Jeff Greenwalt, Pete Crane, and Hai Cao were essential to the deal’s execution.
Sansone Group’s Jeff Greenwalt, Pete Crane, and Hai Cao were essential to the deal’s execution.
The 9-acre site will be developed with a 10,103-square-foot office/flex building and a 135,540-square-foot warehouse/distribution facility.
With over 35 years of experience, he has participated in all aspects of commercial real estate, including development, property management, brokerage, receivership, and banking.
The acquisitions come after Redfearn Capital’s acquisition in March 2023 of a 138,200-square-foot property situated on 10.8 acres located at 201 Busch Drive, within Imeson Industrial Park in Jacksonville, and an industrial outdoor storage (IOS) facility located at 1595 SW 4th Ave in Delray Beach.
C. Todd Everett, an investment specialist in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller, a private investor.
Last week, I called my contact in Tallahassee and confirmed that my interpretation was correct.
For over four decades, he has actively excelled in the commercial real estate industry, gaining knowledge and expertise across retail, office, medical leasing, land assemblage, acquisitions/dispositions, and development.
The facility totals 13,790 square feet with almost 2 acres of outdoor storage.
Colliers Executive Vice Presidents Michael Falk and Scott Weprin, Senior Associates Jason Weprin, Robert Dabrowski, and Associate Jonathan Temple represented the landlord, McCraney Property Company, in the deal. Managing Director and Partner David Kendall of SVN Safe Haven Advisors represented the tenant, GummyWorks, in the lease negotiations.
Bill Reichel with Reichel Realty & Investments handled the sale of all three properties for EML Realty Partners, which sold for a combined sales price of approximately $10 million.
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