Updated Oct 23, 2026
SOLDIndustrial
Patrick Carney Purchases Industrial Asset From Michael Towers For $11,515,000 In Longwood
754 Fleet Financial Court
$11,515,000
$149/SF
Building Size
77,000 SF
Asset Type
Industrial
Closing
Oct 16, 2026
About this deal
AI
The property asset involved in this transaction is an industrial facility located at 754 Fleet Financial Court in Longwood. The sale price was $11,515,000, and the building encompasses a total square footage of 77,000, resulting in a price per square foot of $149.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $11,515,000
- Address: 754 Fleet Financial Court
- Market: Longwood
- Square Footage: 77,000
- Price per Square Foot: $149
- Buyer: Patrick Carney
- Seller: Michael Towers
- Seller's Representative: Felipe Escobar - APEX Capital Realty
This transaction involved Patrick Carney as the buyer and Michael Towers as the seller. Felipe Escobar represented the seller in this deal through APEX Capital Realty, facilitating the sale process between the two parties.
On the Map
$11,515,000
$149/SF
Industrial
View full map
Players
Longwood Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Felipe Escobar to view all their deals.
Browse Longwood industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93