Aldi Real Estate Purchases Industrial Property In Lake Park For $1.6M

The industrial property located at 1330 South Killian Drive in Lake Park was sold for $1,600,000. The asset spans 8,500 square feet, resulting in a price per square foot of $188. The transaction took place on June 28, 2024, with Aldi Real Estate acquiring the property from Brian & Darren O’Brien.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,600,000
• Buyer: Aldi Real Estate
• Seller: Brian & Darren O’Brien
• Brokers: Douglas Mandel, Zach Levine & Joshua Gilbert - Marcus & Millichap

Douglas Mandel, Zach Levine, and Joshua Gilbert from Marcus & Millichap facilitated the sale of the industrial property. Aldi Real Estate emerged as the buyer, while Brian & Darren O’Brien were the sellers in this transaction.