The transaction involved the sale of a multi-tenant industrial building located at 3151 Southwest 14th Place in Boynton Beach. The property measures 20,088 square feet and was sold for $4,530,000, translating to a price per square foot of $226. The asset is situated on a 1-acre site near Congress Ave. and I-95, contributing to its market value in the Boynton Beach area.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4,530,000
• Buyer: Alan & Josh Levy - Boynton Beach Industrial Park, LLC
• Seller: Motech Moldings LLLP
• Brokers: Greg Milopoulos & Christian Baena - Lee & Associates
• Square Footage: 20,088
• Price per Square Foot: $226
• Site Size: 1 acre
• Market: Boynton Beach

This off-market deal was brokered by Greg Milopoulos and Christian Baena from Lee & Associates South Florida, highlighting their role in facilitating the transaction between the buyer, Boynton Beach Industrial Park LLC, and the seller, Motech Moldings LLLP.