Charles Raitan Acquires Industrial Asset In Boca Raton For $2.5 Million With Noah Ohayon As Buyer's Rep

The property asset involved in this transaction is an industrial asset located at 2631 Northwest 1st Avenue in Boca Raton. The transaction concluded at a sale price of $2,500,000 for a total of 43,560 square feet, translating to a price per square foot of $57. This asset is situated on a 1-acre lot and will be utilized as a truck dealership.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,500,000
• Buyer: Charles Raitan
• Seller: Todd Gallow
• Buyer's Representative: Noah Ohayon - AXIOM Capital Advisors
• Square Footage: 43,560
• Price per Square Foot: $57
• Market: Boca Raton

Noah Ohayon at AXIOM Capital Advisors was instrumental in sourcing this opportunity for his buyer, successfully closing by the end of the year. Congratulations were extended to all parties involved in this transaction.