David Luski Of DRA Advisors Acquires 12 Acre Industrial Complex In Boynton Beach For $43M

The sale involved a 12-acre industrial property located at 1200 and 1210 Southwest 35th Avenue in Boynton Beach, Florida. The asset comprises a two-building warehouse complex totaling 197,608 square feet and was acquired for $43,000,000. The buildings feature clear heights ranging from 30 to 36 feet and were constructed between 2000 and 2019.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $43,000,000
• Buyer: David Luski - DRA Advisors
• Seller: Mark Goode - Venture One Real Estate
• Lender: Bank of America
• Square Footage: 197,608
• Price Per Square Foot: $218
• Acres: 12

David Luski from DRA Advisors represented the buyer in this transaction, while Mark Goode from Venture One Real Estate represented the seller. The acquisition was financed with a $35.7 million mortgage from Bank of America, marking a significant addition to DRA Advisors' portfolio.