Jason Rubin Acquires Industrial Asset In Port St. Lucie From Yannai Gordon For $8.9M
645 Northwest Enterprise Drive
$8,900,000
$182/SF
Building Size
48,768 SF
Asset Type
Industrial
Closing
Feb 16, 2026
AI
The property asset involved in this transaction is an industrial facility located at 645 Northwest Enterprise Drive in Port St. Lucie. The sale price for the asset was $8,900,000, encompassing a total square footage of 48,768, which translates to a price per square foot of $182.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,900,000
- Address: 645 Northwest Enterprise Drive
- Market: Port St. Lucie
- Square Footage: 48,768
- Price per Square Foot: $182
- Buyer: Jason Rubin
- Seller: Yannai Gordon - Faropoint
- Seller's Representative: Jordan Beck - Berger Commercial Realty
The key individuals involved in the deal include Jason Rubin as the buyer, Yannai Gordon representing Faropoint as the seller, and Jordan Beck as the representative of the seller through Berger Commercial Realty. The transaction highlights the professional collaboration among all parties involved.
Players
Port Saint Lucie Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.78%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93