Updated Oct 5, 2026
Pugliese Creative Ventures Acquires Industrial Asset In West Palm Beach For $11.4 Million
2360 North Military Trail
$11,400,000
$264/SF
Building Size
43,125 SF
Asset Type
Industrial
Closing
Sep 16, 2026
About this deal
AI
The property asset involved in this transaction is an industrial building located at 2348-2360 North Military Trail in West Palm Beach. It was sold for $11,400,000, encompassing a total square footage of 43,125, resulting in a price per square foot of $264.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $11,400,000
- Address: 2348-2360 North Military Trail
- Market: West Palm Beach
- Square Footage: 43,125
- Price per Square Foot: $264
- Buyer: Pugliese Creative Ventures
- Seller: PMD Capital Management
- Brokers: Zach Levine, Douglas K. Mandel & Cody Hershey - Marcus & Millichap
The transaction was managed by brokers Zach Levine, Douglas K. Mandel, and Cody Hershey from Marcus & Millichap, who represented the buyer and seller in the deal. Each played a role in facilitating the sale between Pugliese Creative Ventures and PMD Capital Management, marking a significant event in the industrial market of West Palm Beach.
On the Map
$11,400,000
$264/SF
Industrial
View full map
Players
West Palm Beach Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Zach Levine to view all their deals.
Browse West Palm Beach industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.39%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93