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10101 Lantana Road

Alan Levy Acquires Wellington Industrial Park From Pamela Uhley For $8.4M
SOLDIndustrial

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.

Players

Alan Levy

Levy Realty Advisors

Broker

$95.2M

vol

4 deals

Broker
Alan Levy

Alan Levy

Buyer

$95.2M

vol

4 deals

Buyer

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