J.R. Rothstein brokers Industrial Property At 395 Gus Hipp Blvd Rockledge For $7.25M For Family Office

The industrial property located at 395 Gus Hipp Blvd in Rockledge has been sold for $7,250,000. The asset is part of the industrial market, adding to the commercial real estate landscape within the area.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $7,250,000
• Sale Date: 11/07/2022
• Address: 395 Gus Hipp Blvd
• Market: Rockledge

This transaction involved key representatives from brokerage firms. Daniel Wesson was the representative from Vanguard Realty Advisors. J.R. Rothstein, a real estate attorney, licensed broker, and 1031 Exchange specialist — sourced the off-market opportunity at 395 Gus Hipp Blvd in Rockledge, FL, and advised a New York–based family office as part of a broader 1031 exchange strategy of relocating legacy assets from New York to Florida. With zero landlord obligations and a location in a high-demand aerospace and logistics corridor, the asset offers stable, escalating income and strategic entry into Florida’s Space Coast.