SMBC Group Acquires Industrial Properties In Punta Gorda FL And Myrtle Beach SC For $300 Million

The transaction involved the sale of multiple industrial properties across various locations, including 9301 Piper Road, 1010 Evergreen Road, 395 Fantasy Harbour Boulevard, 1850 Parkway Drive Southeast, 556 Old Airport Road, and 1912 Stafford Street Ext. The total sale price for these assets was $300,000,000, and they were located in Punta Gorda, FL; Anderson & Myrtle Beach, SC; Christiansburg & Bristol, VA; and Wingate, NC.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $300,000,000
• Buyer: SMBC Group
• Seller: Jacques Chappuis - PGIM; Paul Fuhrman - Miramar Capital
• Brokers: Britton Burdette, Dennis Mitchell, Luis Castillo, Bill Prutting, Jim Freeman, Maggie Dominguez & Bobby Norwood - JLL

This transaction was facilitated by a team of brokers from JLL, which included a diverse group of professionals such as Britton Burdette, Dennis Mitchell, Luis Castillo, Bill Prutting, Jim Freeman, Maggie Dominguez, and Bobby Norwood. They played a crucial role in connecting the buyer, SMBC Group, with the sellers, Jacques Chappuis representing PGIM and Paul Fuhrman representing Miramar Capital.