Academy Bus Acquires Industrial Property From Guardian Manufacturing In West Palm Beach For $3.15M

The transaction involved an industrial property located at 6581 Southern Boulevard in West Palm Beach. The asset was sold for $3,150,000, encompassing a total square footage of 2,800. The land area associated with this property is 1.09 acres, yielding a price per acre of $2,889,908 and a price per square foot of $1,125.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,150,000
• Address: 6581 Southern Boulevard
• Market: West Palm Beach
• Buyer: Academy Bus
• Seller: Guardian Manufacturing
• Broker Representatives: Santiago Acevedo & Rich DeGirolamo - Compass
• Square Footage: 2,800
• Acres: 1.09
• Price per Square Foot: $1,125
• Price per Acre: $2,889,908

Academy Bus acquired the property from Guardian Manufacturing, with Santiago Acevedo and Rich DeGirolamo from Compass representing the seller in this deal. The completed transaction underscores the collaboration between the buyer and their representatives, ensuring the successful exchange of the industrial asset.