Alan Levy Acquires Wellington Industrial Park From Pamela Uhley For $8.4M
10101 Lantana Road
$8,400,000
$262/SF
Building Size
32,000 SF
Asset Type
Industrial
Closing
Apr 16, 2026
AI
The industrial property involved in the transaction is located at 10101 Lantana Road in Wellington. The asset consists of 32,000 square feet and was transacted for a sale price of $8,400,000, equating to a price per square foot of $262.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,400,000
- Square Footage: 32,000
- Address: 10101 Lantana Road
- Market: Wellington
- Buyer: Alan Levy
- Seller: Pamela Uhley
- Broker: Alan Levy - Levy Realty Advisors
Alan Levy, acting as both the buyer and the broker, represents Levy Realty Advisors, LLC, which will also serve as the property manager and exclusive leasing agent following the acquisition. This transaction was noted as a significant addition to the firm's portfolio in Palm Beach County.
Lake Worth Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.89%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93