SOLD
Iconic Equities And Leste Group Acquire Industrial Property In Coral Springs For $9.5M
12101 Northwest 42nd Street
Industrial
Sold 1 year ago
Summary
Sale
FLORIDA
Industrial
Iconic Equities and Leste Group have acquired an industrial property located at 12101 NW 42nd St in Coral Springs. The property, spanning 4.89 acres, was sold by Sylvia Garnett. The transaction was facilitated by Sky Gorden and Yuri Quispe from JLL. The sale price for the property was $9,500,000, resulting in a price per acre of $1,942,740.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $9,500,000
- Address: 12101 NW 42nd St, Coral Springs
- Market: Coral Springs
This acquisition is part of a larger $300 million programmatic Industrial Outdoor Storage (IOS) venture between Iconic Equities, Leste Group, and a large real estate private equity fund.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Tim Bishop
DATE: 05/09/2022
ADDRESS: 12101 NW 42nd St
MARKET: Coral Springs
ASSET TYPE: Industrial
BUYER: Iconic Equities - Tim Bishop (@TimBishop10); Leste Group
SELLER: Sylvia Garnett
BROKERS: Sky Gorden & Yuri Quispe - JLL
SALE PRICE: $9,500,000
ACRES: 4.89 ~ PPA: $1,942,740
NOTE FROM BUYER: This acquisition is a part of a $300 million programmatic Industrial Outdoor Storage (IOS) venture between Iconic Equities, Leste Group and a large real estate private equity fund.View on map
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Address12101 Northwest 42nd Street
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