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11601 47th Street North

Brandon Johnson Of Catalyst Investment Partners Acquires Industrial Property In Clearwater For $2.446M
SOLDIndustrial

Brandon Johnson Of Catalyst Investment Partners Acquires Industrial Property In Clearwater For $2.446M

11601 47th Street North

$2,446,000

$244/SF

Building Size

10,000 SF

Asset Type

Industrial

Closing

Nov 24, 2025

AI

The property involved in this transaction is an industrial asset located at 11601 47th Street North in Clearwater. It spans 1.37 acres and has a total square footage of 10,000. The transaction was completed at a sale price of $2,446,000, resulting in a price per square foot of $244.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: $2,446,000
  • Address: 11601 47th Street North
  • Market: Clearwater
  • Acres: 1.37
  • Square Footage: 10,000
  • Price per Square Foot: $244
  • Buyer: Brandon Johnson - Catalyst Investment Partners
  • Seller: Russell Gessow
  • Buyer's Representative: Jose Sasson Lerner & Roberto Susi - AXIOM Capital Advisors
  • Seller's Representative: Dylan Schroeder & Connor Knauer - Matthews

The deal included key individuals such as Brandon Johnson from Catalyst Investment Partners representing the buyer, while Russell Gessow was the seller. The transaction was facilitated by representatives Jose Sasson Lerner and Roberto Susi from AXIOM Capital Advisors for the buyer, and Dylan Schroeder and Connor Knauer from Matthews representing the seller.

Players

Jose Sasson Lerner

AXIOM Capital Advisors

Broker

$878.8M

vol

78 deals

Broker
AXIOM Capital Advisors
AXIOM Capital AdvisorsBrokerage
Matthews
Matthews Brokerage

Clearwater 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

6.49%

Cash-on-Cash

-1.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93