Jim Batmasian Acquires Industrial Property In Riviera Beach For $15.5M

A industrial property located at 6557 Garden Rd in Riviera Beach has been sold for a price of $15,500,000. The property spans approximately 115,795 square feet, resulting in a price per square foot of $134.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $15,500,000
• Square Footage: 115,795 SF
• Price per Square Foot: $134
• Address: 6557 Garden Rd, Riviera Beach

The buyer of the property is Jim Batmasian, while Jonathan Ginsberg acted as the seller. The deal was facilitated by brokers Tyler S. Kuhlman, Douglas K. Mandel, and Zach Levine from Marcus & Millichap.