Mandich Group Acquires Industrial Property In Auberndale For $32M

An industrial property located at 701 McKean St in Auberndale has been sold for a price of $32,000,000. The property covers a total area of 254,000 square feet, resulting in a price per square foot of $126. The transaction took place on July 12, 2022. The buyer of the property is Mandich Group, while the seller is Adams Cold Storage.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $32,000,000
• Address: 701 McKean St
• Market: Auberndale
• Buyer: Mandich Group
• Seller: Adams Cold Storage
• Broker: George Smith & Seth Woods - Mandich Real Estate Advisors
• Square Footage: 254,000
• Price per Square Foot: $126

George Smith and Seth Woods from Mandich Real Estate Advisors represented the buyer, Mandich Group, in the transaction. They specialize in sourcing off-market investment opportunities in the cold storage and industrial sectors. For further inquiries, George Smith can be contacted at 786-797-0903 or [email protected], and Seth Woods can be reached at 805-746-3387.