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6151 Metro Plex Drive

Martin Segal, Jack Shulman & Rob Logan Acquire Industrial Property From Harry Lowell For $30M
SOLDIndustrial

Martin Segal, Jack Shulman & Rob Logan Acquire Industrial Property From Harry Lowell For $30M

6151 Metro Plex Drive

$30,000,000

$137/SF

Building Size

218,986 SF

Asset Type

Industrial

Closing

Dec 15, 2025

AI

This industrial asset located at 6151 Metro Plex Drive in Fort Myers features a sale price of $30,000,000. The property encompasses a total of 218,986 square feet, translating to a price per square foot of $136.

Summary of transaction details:

The transaction involved Martin Segal, Jack Shulman, and Rob Logan purchasing the property from seller Harry Lowell, with representation from brokers Nick Watson, Jake Lurie, and Aiden Hawkins of Matthews.

Players

Nick Watson

Matthews

Broker

$149.4M

vol

20 deals

Broker
Matthews
Matthews Brokerage
Jack Shulman

Jack Shulman

Buyer

$199.2M

vol

12 deals

Buyer

Fort Myers 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

0.53%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93