Drew Dewitt & David Archibald Of East Capital Partners Acquire Industrial Asset In Port St. Lucie For $3.94M

The property involved in this transaction is an industrial asset located at 603 NW Mercantile Place, Port St. Lucie. The sale was finalized for $3,937,500 and encompasses a total area of 22,500 square feet, equating to a price per square foot of $175.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,937,500
• Address: 603 NW Mercantile Place
• Market: Port St. Lucie
• Buyer: Drew Dewitt & David Archibald - East Capital Partners
• Seller: Ted Glasrud Associates FL
• Brokers: Yoni Sunshine & Jason Abitbol - APEX Capital Realty
• Square Footage: 22,500
• Price Per Square Foot: $175

Yoni Sunshine and Jason Abitbol of Apex Capital Realty represented both sides of the transaction, having sourced this exclusive off-market opportunity and procured the buyer, showcasing their expertise in off-market industrial deals across Florida.