Stephen Schwartz Acquires Industrial Property From Rick Versace In Boca Raton For $2.1M

This property asset is an industrial facility located at 102 Northwest Spanish River Boulevard in Boca Raton. The transaction was completed for a sale price of $2,100,000, encompassing a total square footage of 5,750, which calculates to a price per square foot of $365.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,100,000
• Address: 102 Northwest Spanish River Boulevard
• Market: Boca Raton
• Square Footage: 5,750
• Price Per Square Foot: $365
• Buyer: Stephen Schwartz
• Seller: Rick Versace
• Broker: Mark Faeth - LRM CREA

The transaction involved key participants, with Stephen Schwartz as the buyer acquiring the industrial asset from seller Rick Versace. The deal was represented by broker Mark Faeth from LRM CREA, facilitating the negotiation and transaction process.