Charles Margiotta Of InLight Real Estate Partners Acquires Southbrook Corporate Center For $22.7M

The property asset involved is an industrial property located at 10950 South Belcher Road in Largo, encompassing approximately 10.37 acres. The sale price for the transaction was $22,700,000, and the property measures 176,135 square feet, resulting in a price per square foot of $129.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $22,700,000
• Address: 10950 South Belcher Road
• Market: Largo
• Acres: 10.37
• Square Footage: 176,135
• Price per Square Foot: $129
• Buyer: Charles Margiotta - InLight Real Estate Partners
• Seller: Chad Harrod - Harrod Properties
• Lender: Ameris Bank

InLight Real Estate Partners, represented by Charles Margiotta, has acquired its first industrial asset in Pinellas County from Harrod Properties, represented by Chad Harrod. This property is currently leased to Ion Labs Inc., a subsidiary of DCC Health & Beauty.