Discount Truck Parking USA Acquires Industrial Asset In West Palm Beach For $5.5M

An industrial property located at 7777 Southern Blvd in West Palm Beach has been sold in a recent transaction. The property spans a total area of 274,428 square feet and was purchased by Discount Truck Parking USA, represented by Ariel Golan. The seller, Hoover Properties, was represented by Christopher Thomson, Chris Metzger, Rick Etner Jr., and Matthew G. McAllister of the SouthFL Industrial Team at Cushman & Wakefield. The sale price for this transaction was $5,500,000, resulting in a price per square foot of $20.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $5,500,000
• Address: 7777 Southern Blvd
• Market: West Palm Beach

The buyer, Discount Truck Parking USA, aims to expand its presence in Florida by providing safe and secure truck parking facilities for on-the-road truck drivers. This recent acquisition contributes to the company's ongoing efforts in achieving this goal.