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Ian Weiner Of PEBB Enterprises And Jason Sher & Ross Fuerring Of Banyan Development Acquire Industrial Property For $15.25M

Property Image
SOLD
$15,250,000
Michael (Mike) Ciadella
Ian Weiner

Florida

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Industrial122,626 SF
Sold 09/29/2025
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Property Image
SOLD

Ian Weiner Of PEBB Enterprises And Jason Sher & Ross Fuerring Of Banyan Development Acquire Industrial Property For $15.25M

760 Northwest Enterprise Drive

See Similar Deals
Industrial122,626 SF
Sold 09/29/2025
Michael (Mike) Ciadella
Ian Weiner
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$124
Total Square Footage:122,626 SF
Transaction Type:Sale

An 8.31-acre industrial property located at 760 Northwest Enterprise Drive in the Port St. Lucie market has been sold for a total of $15,250,000. The asset features a total square footage of 122,626 and is fully leased to RAW Nutrition.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $15,250,000
  • Square Footage: 122,626
  • Address: 760 Northwest Enterprise Drive
  • Market: Port St. Lucie
  • Price per Square Foot: $124
  • Buyer: Ian Weiner - PEBB Enterprises; Jason Sher & Ross Fuerring - Banyan Development
  • Broker: Mike Ciadella - Cushman & Wakefield
  • Lender: Seacoast Bank

The transaction involved Ian Weiner representing PEBB Enterprises and Jason Sher and Ross Fuerring representing Banyan Development. Mike Ciadella acted as the broker for the seller, facilitating the deal that finalized on September 26, 2025.

Players

Michael (Mike) Ciadella
Cushman & Wakefield
Michael Ciadella
34 deals$590M volume
BROKER
Cushman & Wakefield
Cushman & Wakefield
BROKERAGE
Ian Weiner
PEBB Enterprises
Ian Weiner
23 deals$392.6M volume
BUYER
BD
Banyan Development
BUYER
BD
Banyan Development
BUYER
PEBB Enterprises
PEBB Enterprises
BUYER
Seacoast Bank
Seacoast Bank
LENDER

Details

SOLD
IMAGE: Ross Fuerring, Mike Ciadella, Jason Sher & Ian Weiner DATE: 09/29/2025 ADDRESS: 760 Northwest Enterprise Drive MARKET: Port St. Lucie ASSET TYPE: Industrial ~ ACRES: 8.31 BUYER: Ian Weiner - PEBB Enterprises; Jason Sher & Ross Fuerring - Banyan Development BROKER: Mike Ciadella (@MikeCiadella) - Cushman & Wakefield (@CushWake) LENDER: Seacoast Bank (@Seacoast_Bank) SALE PRICE: $15,250,000 SF: 122,626 ~ PPSF: $124 NOTE: PEBB Enterprises and Banyan Development bought a 122,626-square-foot Class A industrial building in Port St. Lucie for $15.25 million, fully leased to RAW Nutrition. Seacoast Bank provided financing, while Cushman & Wakefield’s Mike Ciadella represented the seller in the Sept. 26 deal.

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Debt Service Coverage Ratio (DSCR)

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