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:
- Property Type: Industrial
- Transaction Amount: $6,650,000
- Address: 350 Goolsby Boulevard
- Market: Deerfield Beach
- Square Footage: 22,916
- Price per Square Foot: $290
- Buyer: Green 350
- Seller: Performance Food Group
- Buyer's Representative: Carlos Velasquez & Chris Sutton - VS Real Estate (VSRE)
- Seller's Representatives: Tom O'Loughlin & Larry Genet - CBRE; Chris Robinson - Fischer & Company
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
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