Updated Oct 13, 2026
Cabessa Property Management Acquires Industrial Asset From Forte Capital Management For $3.26M
106 Southwest 5th Avenue
$3,264,000
$174/SF
Building Size
18,746 SF
Asset Type
Industrial
Closing
Jan 13, 2026
About this deal
AI
The property asset involved in this transaction is an industrial asset located at 106 Southwest 5th Avenue in the Homestead market. The sale price for this property was $3,264,000, and it encompasses a total square footage of 18,746 with a price per square foot of $174.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,264,000
- Buyer: Cabessa Property Management
- Seller: Forte Capital Management
- Broker: Tyler Kuhlman - CBRE
Tyler Kuhlman represented the broker in this transaction, facilitating the deal between Cabessa Property Management and Forte Capital Management.
On the Map
$3,264,000
$174/SF
Industrial
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Players
Homestead 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
4.86%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93