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Infinity Properties USA Acquires Industrial Asset In Longwood For $35M

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SOLD
$35,000,000

Florida

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Industrial262,000 SF
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Infinity Properties USA Acquires Industrial Asset In Longwood For $35M

705 W State Rd 434, Longwood, FL, 3...

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Industrial262,000 SF
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$133
Total Square Footage:262000 SF
Transaction Type:Sale

The property involved in the transaction is an industrial asset located at 705 W State Rd 434 in Longwood, FL. Spanning 262,000 square feet, it was acquired by Infinity Properties USA for $35,000,000. Infinity currently owns and operates 130,000 square feet of industrial assets in the same strong industrial market of Northern Orlando.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $35,000,000.00
  • Address: 705 W State Rd 434, Longwood, FL
  • Market: Longwood
  • Buyer's Rep: Louis P. Archambault
  • Buyer: Infinity Properties USA
  • Square Footage: 262,000

Infinity Properties USA, led by Shane Decker and Brett Schlacter, known as the “Industrial Kings of Florida,” made a significant acquisition with this purchase. The transaction was successfully represented by transactional attorneys Louis P. Archambault and Sophia Rub of Saul Ewing Arnstein & Lehr LLP. Infinity Properties is a private family office with a focus on real estate acquisitions, particularly in the industrial sector. With a vast ownership and management portfolio exceeding 1 million square feet, Infinity's growth in the industrial real estate market remains notable.

Players

2 deals$141M volume
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Details

SOLD
IMAGE: 705 W State Rd 434, Longwood, FL, 3... MARKET: Longwood ASSET TYPE: Industrial BUYER'S REP: Louis P. Archambault() BUYER: Infinity Properties USA PRICE: $35,000,000.00 SF: 262000

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Net Operating Income (NOI)

$1,866,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$124,347.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$165,917.86
Annual Debt Service$1,991,014.27