Lexington Realty Trust Acquires Industrial Property In Ocala For $58.4M

The industrial property located at 3400 NW 35th Street Rd in Ocala has been sold in a closed transaction. The property spans an area of 617,055 square feet and was purchased for a price of $58,400,000, resulting in a price per square foot of $94.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $58,400,000
• Address: 3400 NW 35th Street Rd
• Market: Ocala

The buyer of the property was Lexington Realty Trust, while the sellers were Red Rock Developments & Wharton Industrial. The deal was facilitated by a team of brokers consisting of Mike Davis, Stewart Calhoun, Rick Brugge, Rick Colon, and Casey Masters from Cushman.