EML Realty Partners Acquires Cape Canaveral Industrial Campus For $4.1M

The Cape Canaveral Industrial Campus located at 250-270 West Central Avenue has been sold for a price of $4,125,000. The industrial property spans a total area of 37,000 square feet, resulting in a price per square foot of $111. The strategic location of the property, in close proximity to the port, makes it highly desirable in the market where industrial space is limited. The buyer in this transaction is EML Realty Partners, represented by Eric M. Levitt.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4,125,000
• Address: 250-270 West Central Avenue, Cape Canaveral
• Market: Cape Canaveral
• Buyer: EML Realty Partners - Eric M. Levitt
• Square Footage: 37,000
• Price Per Square Foot: $111

EML Realty Partners, based in Jupiter, FL, is known for their focus on value-add industrial real estate investments. The acquisition of the Cape Canaveral Industrial Campus aligns with their investment strategy due to the property's strategic location and the limited supply of industrial space in the area surrounding the port. The purchase demonstrates EML's commitment to capitalize on opportunities in the industrial real estate market.