Max Ducharme Of PMD Capital Management Acquires Industrial Property From Ted Glasrud For $5.2M

The property asset involved in the transaction is located at 3802 Crossroads Parkway in Fort Pierce, classified as industrial real estate. This concrete-block, small bay industrial building was constructed in 2005 and comprises 14 bays with a clear height of 18 feet. The transaction was completed at a sale price of $5,200,000, with a total square footage of 40,180 and a price per square foot of $129.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $5,200,000
• Address: 3802 Crossroads Parkway
• Market: Fort Pierce
• Square Footage: 40,180
• Price Per Square Foot: $129
• Buyer: Max Ducharme - PMD Capital Management
• Seller: Ted Glasrud - Ted Glasrud Associates
• Broker Representatives: Yoni Sunshine & Jason Abitbol - APEX Capital Realty

Yoni Sunshine and Jason Abitbol from Apex Capital Realty facilitated the off-market transaction, representing both the buyer and the seller. The property was specifically sourced for the buyer and secured for a competitive price per square foot. For additional off-market industrial opportunities throughout Florida, contact Yoni Sunshine or Jason Abitbol.