facebook


Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Industrial

/

Sale

/

1200 West Industrial Avenue

Updated Jul 8, 2025

David Kaufman And Jason Gessner Acquire Industrial Asset In Boynton Beach From Nancy Legault
SOLDIndustrial

David Kaufman And Jason Gessner Acquire Industrial Asset In Boynton Beach From Nancy Legault

1200 West Industrial Avenue

Building Size

32,500 SF

Asset Type

Industrial

Closing

Jun 24, 2025

About this deal

AI

The property involved in the transaction is a fully leased small-bay industrial and outdoor-storage asset located at 1200 West Industrial Avenue, Boynton Beach. The asset spans 32,500 square feet and sits on four acres in a dense, high-barrier South Florida market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 1200 West Industrial Avenue
  • Market: Boynton Beach
  • Square Footage: 32,500
  • Buyer: David Kaufman & Jason Gessner
  • Seller: Nancy Legault

David Kaufman and Jason Gessner, representing BH Parkave, have completed this last-mile acquisition. They expressed intentions to pursue additional value opportunities in infill markets across the United States and noted the property's contribution to delivering stable, value-first returns.

On the Map

Open live map

Industrial

View full map

Players

David Kaufman

Parkave Capital Group

Buyer

$59.8M

vol

3 deals

Buyer
PG
Parkave Capital GroupBuyer
Bilt advertisement

Boynton Beach Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Deal FAQ

Visit David Kaufman to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.37%

Cash-on-Cash

-0.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets