Eric M. Levitt Of EML Realty Partners Acquires Fort Pierce Industrial Facility For $3.2M

EML Realty Partners acquired an eight-acre commercial property at 8456 Orange Avenue, Fort Pierce, for $3.2 million. The asset covers 348,480 square feet and is fully leased to national tenants The CDL Schools and Park My Fleet. This industrial outdoor storage facility is situated in a significant St. Lucie County industrial submarket, offering regional access and potential for increased value through rent adjustments.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $3,200,000
• Address: 8456 Orange Avenue
• Market: Fort Pierce
• Acres: 8
• Square Footage: 348,480
• Price Per Square Foot: $9
• Buyer: Eric M. Levitt - EML Realty Partners

EML Realty Partners, represented in this transaction by Eric M. Levitt, successfully completed the purchase in a strategic market which contributes to its investment portfolio. The leasing arrangement with established national tenants provides stability and a strong foundation for future growth.