The Becker Organization Acquires Two Industrial Warehouses In Florida For $5,850,000

601 Mercantile Place & 3101 Skyway Circle is an industrial property located in Port St. Lucie & Melbourne, comprising a total square footage of 69,720. The transaction occurred at a sale price of $5,850,000, which equates to a price per square foot of $84.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $5,850,000
• Square Footage: 69,720
• Sale Price Per Square Foot: $84
• Addresses: 601 Mercantile Place & 3101 Skyway Circle
• Market: Port St. Lucie & Melbourne
• Buyer: Bryan Becker, Scott Glauberg, Joseph Zito, Jon D'Aversa, The Becker Organization

The Becker Organization has successfully acquired these two industrial warehouses, which are fully net-leased to PODS. This acquisition marks the fourth and fifth warehouses net leased to PODS in Florida for The Becker Organization's portfolio.