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:
- Property Type: Industrial
- Transaction Amount: $30,000,000
- Square Footage: 218,986
- Address: 6151 Metro Plex Drive
- Market: Fort Myers
- Buyer: Martin Segal, Jack Shulman & Rob Logan
- Seller: Harry Lowell
- Brokers: Nick Watson, Jake Lurie & Aiden Hawkins - Matthews
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
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