Decker Capital And Infinity Properties Sell Industrial Asset In Jensen Beach For $25.5M

The property asset involved in the transaction is located at 779-867 Northeast Dixie Highway in Jensen Beach. It is an industrial asset with a sale price of $25,500,000 and encompasses 115,000 square feet, resulting in a price per square foot of $221.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $25,500,000
• Address: 779-867 Northeast Dixie Highway
• Market: Jensen Beach
• Seller: Shane Decker - Decker Capital; Brett Schlachter - Infinity Properties
• Seller's Representative: Greg Miller - Cushman & Wakefield
• Square Footage: 115,000
• Price Per Square Foot: $221

Shane Decker, representing Decker Capital, and Brett Schlachter, representing Infinity Properties, executed the transaction, highlighting their successful partnership in transforming the small-bay industrial asset. Greg Miller acted as the seller's representative, facilitating the deal's conclusion, which included a notable execution of the asset's repositioning, achieving a 24% internal rate of return over a three-year hold period.