BB Capital Acquires Industrial Property In Dade City For $42.25M

An industrial property located at 15486 US-301 in Dade City has been sold. The property spans 1,070,000 square feet and was sold at a price of $42,250,000, resulting in a price per square foot of $39. The transaction took place on November 30, 2022.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $42,250,000
• Address: 15486 US-301, Dade City
• Market: Dade City
• Buyer: BB Capital
• Seller: JDR Properties
• Brokers:
  • Lyman Phillips - Golden Lion Capital Investments
  • Nicholas O'Shea & Saxon Evans - Citrus Capital Corp
• Square Footage: 1,070,000
• Price Per Square Foot: $39

Lyman Phillips from Golden Lion Capital Investments, along with Nicholas O'Shea & Saxon Evans from Citrus Capital Corp, acted as the brokers in this transaction.