Lou Pai Acquires Land In Wellington For $8.2M With Buyer's Rep Luis Rodriguez & Seller's Rep Matt Johnson

The sale of a land asset in Wellington has been recently finalized. The property, located at 5605, 5625, 5679 & 5727 140th Avenue South, was sold for a total of $8,200,000. This transaction took place on May 31, 2022, and the buyer of the land is Melanie Pai, with Lou Pai from Enron Energy Services also involved in the purchase. The seller, Shear Holdings Wellington represented by Jacqueline Shear from Marsh Pond Farm, completed the deal. Luis Rodriguez, a representative from Keller Williams Realty, assisted Melanie Pai as the buyer's representative, while Matt Johnson from Engel & Völkers represented the seller.

Summary of transaction details

• Property Type: Land
• Transaction Amount: $8,200,000
• Market: Wellington

It is important to note that BayFirst National Bank provided the necessary financing for this sale, acting as the lender. The completion of this transaction emphasizes the active real estate market in Wellington and showcases the involvement of various individuals and companies in closing the deal.