Centurion Realty Acquires Industrial Property From Mary Peterson In West Palm Beach For $7.75M
2658 Electronics Way
$7,750,000
$185/SF
Building Size
41,735 SF
Asset Type
Industrial
Closing
Aug 13, 2026
AI
The property involved in the transaction consists of two industrial assets located at 2658 Electronics Way and 2660 Electronics Way, within the West Palm Beach market. The sale price reached $7,750,000, encompassing a total area of 41,735 square feet situated on 3.87 acres, with a price per square foot of $185.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,750,000
- Buyer: Centurion Realty
- Buyer's Representative: Jose Sasson Lerner & Roberto Susi - AXIOM Capital Advisors
- Seller: Mary Peterson
- Date of Transaction: 08/13/2026
- Location: 2658 Electronics Way & 2660 Electronics Way, West Palm Beach
- Square Footage: 41,735
- Price per Square Foot: $185
- Acres: 3.87
Saul Tawil represented Centurion Realty as the buyer in this transaction. The deal was facilitated by the buyer's representatives, Jose Sasson Lerner and Roberto Susi, who are focused on sourcing and facilitating off-market transactions for their clients. Their contact details include Jose Sasson at 786-393-8089 and [email protected], as well as Roberto Susi at 305-528-3283 and [email protected].
Players
West Palm Beach Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.05%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93