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6399 142nd Avenue North

Updated Oct 30, 2026

KW Partners Acquires Industrial Asset From The Geneva Group For $7.35M In Clearwater
SOLDIndustrial

KW Partners Acquires Industrial Asset From The Geneva Group For $7.35M In Clearwater

6399 142nd Avenue North

$7,350,000

$129/SF

Building Size

56,597 SF

Asset Type

Industrial

Closing

Oct 29, 2026

About this deal

AI

The property asset involved in this transaction is located at 6399 142nd Avenue North in Clearwater. The industrial asset was sold for $7,350,000 and comprises 56,597 square feet, resulting in a price per square foot of $129.

Summary of transaction details:

The key individuals involved in the transaction include KW Partners as the buyer and The Geneva Group as the seller. The brokerage firm Marcus & Millichap facilitated the transaction, represented by Douglas K. Mandel, James Defusto, Zach Levine, and Cody Hershey.

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$7,350,000

$129/SF

Industrial

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Players

Douglas K. Mandel

Marcus & Millichap

Broker

$1.2B

vol

76 deals

Broker

KW Partners

KW Partners

Buyer

$7.4M

vol

1 deal

Buyer

The Geneva Group

GENEVA GROUP

Seller

$7.4M

vol

1 deal

Seller
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Clearwater Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $129 per square foot on a published $7.4M for 56,597 square feet (2026).

Visit James Defusto to view all their deals.

Browse Clearwater industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.16%

Cash-on-Cash

-0.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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