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Delray Investor Acquires Naples Industrial Building For $16M On 8.15 Acres

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SOLD
$18,860,000

Florida

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Industrial133,826 SF
Sold 06/20/2023
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SOLD

Delray Investor Acquires Naples Industrial Building For $16M On 8.15 Acres

1485 Rail Head Blvd Naples, FL 34110, USA

See Similar Deals
Industrial133,826 SF
Sold 06/20/2023
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$140
Total Square Footage:133,826 SF
Transaction Type:Sale

A Delray investor has purchased an industrial building in Naples for $16 million. The property is located at 1485 Rail Head Boulevard and sits on 8.15 acres. It features a 67,500-square-foot warehouse with 28-foot clear heights, dock-high loading, and ample parking. The acquisition comes in response to the rising demand for industrial properties in Southwest Florida due to supply chain disruption and the growth of e-commerce.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $16 million
  • Address: 1485 Rail Head Boulevard, Naples
  • Market: Naples & West Palm Beach

The Delray investor who purchased the industrial building in Naples remains unnamed.

Players

Redfearn Capital
Redfearn Capital
BROKERAGE
AR
Redfearn Capital
Alex Redfearn
16 deals$586.6M volume
BUYER

Details

SOLD
IMAGE: 06/20/2023 ADDRESS: 1485 Rail Head Boulevard & 3595 Fiscal Court MARKET: Naples & West Palm Beach ASSET TYPE: Industrial LENDER: LOAN AMOUNT: $0 NOTE: A Delray investor has purchased a Naples industrial building for $16 million. The property sits on 8.15 acres and features a 67,500-square-foot warehouse with 28-foot clear heights, dock-high loading, and ample parking. The acquisition comes as demand for industrial properties continues to rise in Southwest Florida due to supply chain disruption and an increase in e-commerce. &WestPalmBeach

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