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350 Goolsby Boulevard

Green 350 Acquires Industrial Asset At 350 Goolsby Boulevard From Performance Food Group For $6.65M
SOLDIndustrial

Green 350 Acquires Industrial Asset At 350 Goolsby Boulevard From Performance Food Group For $6.65M

350 Goolsby Boulevard

$6,650,000

$290/SF

Building Size

22,916 SF

Asset Type

Industrial

Closing

Feb 7, 2025

AI

The industrial property located at 350 Goolsby Boulevard in Deerfield Beach has been sold for $6,650,000. The property spans 22,916 square feet, resulting in a price per square foot of $290.

Summary of transaction details:

This transaction involved various representatives working for both parties. The buyer was represented by Carlos Velasquez and Chris Sutton from VS Real Estate, while the seller was represented by Tom O'Loughlin and Larry Genet from CBRE, along with Chris Robinson from Fischer & Company.

Players

Larry Genet

CBRE

Broker

$436M

vol

57 deals

Broker

Deerfield Beach Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.39%

Cash-on-Cash

-0.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93