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
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