Mindful Capital Group Acquires Industrial Property In Deerfield Beach For $6M

This industrial property located at 830 Northeast 41st Court in Deerfield Beach has been sold for $6,000,000. The asset covers an area of 43,500 square feet and sits on a 4-acre lot. The price per square foot for the property is $138, and the price per acre stands at $1,500,000.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $6,000,000
• Square Footage: 43,500 SF
• Acres: 4
• Price per Square Foot: $138
• Price per Acre: $1,500,000
• Buyer: Mindful Capital Group - Jeffrey Pechter & Patrick Carney
• Seller: Lotus Commerce Center, LLC
• Transaction Date: 04/08/2021

The transaction involved Jeffrey Pechter and Patrick Carney as the representatives of Mindful Capital Group, facilitating the acquisition from seller Lotus Commerce Center, LLC. This sale reflects an active participation in the Deerfield Beach industrial market, demonstrating the interest from investment groups in such types of assets.