Railhead Boulevard Of Naples LLC Acquires Rail Head Industrial Park In Naples For $8M

Railhead Boulevard of Naples LLC has acquired the 39,789-square-foot Rail Head Industrial Park located at 1455 Rail Head Boulevard in Naples, FL, for a total of $8,000,000. This industrial asset is part of a transaction that highlights significant capital appreciation, with the seller, an affiliate of Richardson Commercial Properties, previously purchasing the property for $1,600,000 in 2014.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $8,000,000
• Buyer: Railhead Boulevard of Naples LLC
• Seller: Richardson Commercial Properties
• Broker Representatives: Mike Concilla & Nick Matson - LQ Commercial Group
• Property Address: 1455 Rail Head Boulevard
• Market: Naples, FL
• Number of Spaces: 16 industrial/flex spaces

Mike Concilla and Nick Matson from LQ Commercial Group represented the transaction, and they will continue to serve as the leasing representatives under the new ownership as lease-up and management enhancements are pursued for the property.