Updated Oct 7, 2026
Yale Fraser Properties And JDI Realty Sell Industrial Assets In Bradenton And Palmetto For $26M
6130 15th Street East & 722 17th Street East
$26,000,000
$160/SF
Building Size
61,550 SF
Asset Type
Industrial
Closing
Sep 25, 2026
About this deal
AI
The industrial properties located at 6130 & 6152 15th Street East & 722 17th Street East in the Bradenton & Palmetto market were sold for $26,000,000. The total square footage of the assets is 161,570, which equates to a price per square foot of $161.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $26,000,000
- Square Footage: 161,570
- Price Per Square Foot: $161
- Seller: Nick Yale & Simone Fraser - Yale Fraser Properties in partnership with Sam Sherman & AJ Greenberg - JDI Realty
- Brokerage Firm: Marcus & Millichap
- Broker Representatives: Douglas K. Mandel, Zach Levine, Cody Hershey & James Defusto
The transaction involved key players from Yale Fraser Properties and JDI Realty, highlighting the collaboration between Nick Yale, Simone Fraser, Sam Sherman, and AJ Greenberg. The deal was facilitated by a team of brokers from Marcus & Millichap, consisting of Douglas K. Mandel, Zach Levine, Cody Hershey, and James Defusto, who represented the sellers in the transaction.
On the Map
$26,000,000
$160/SF
Industrial
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Players
Bradenton 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
0.61%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93