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705 West State Road 434

Infinity Properties USA Acquires $35M Industrial Portfolio In Orlando And Jensen Beach
SOLDMixed-use

Infinity Properties USA Acquires $35M Industrial Portfolio In Orlando And Jensen Beach

705 West State Road 434

$35,000,000

$133/SF

Building Size

262,000 SF

Asset Type

Mixed-use

Closing

Aug 31, 2022

AI

Infinity Properties USA, led by Shane Decker and Brett Schlacter of Bay Harbor Islands, FL, have made a significant acquisition in the industrial sector. They recently purchased a 20-building portfolio totaling 262,000 sq ft across South and Central Florida for a price of $35,000,000. The portfolio consists of seven buildings located at 705 W State Rd 434 in Longwood, FL, a strong industrial market in Northern Orlando. Additionally, there are thirteen buildings located at 779 NE Dixie Hwy in Jensen Beach, FL, a popular beach town north of West Palm Beach.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $35,000,000
  • Address: 705 W State Rd 434 & 779 NE Dixie Hwy
  • Market: Orlando & Jensen Beach

Infinity Properties is a privately held family office based in Miami Beach, specializing in real estate acquisitions, particularly in the industrial sector. With over 1 million square feet of industrial assets under ownership and management, Infinity Properties is known for their expertise in acquiring large-scale industrial properties. They are considered the top buyer of this asset class in Florida. The transaction was successfully represented by transactional attorneys Louis P. Archambault and Sophia Rub of Saul Ewing Arnstein & Lehr LLP.

Infinity Properties currently owns and operates 130,000 sq ft of industrial assets in Northern Orlando. Their portfolio in the Orlando Metropolitan Statistical Area (MSA) totals over 350,000 sq ft. The acquisition of the 20-building portfolio further expands their footprint in Florida. They have established strong relationships with owners, brokers, and real estate professionals across the state, allowing them to identify off-market opportunities, for which they are willing to pay brokers directly.

For any deals or partnership opportunities, please contact Shane Decker at [email protected] or Brett Schlacter at [email protected].

Quote from Shane Decker: "you are meant to something incredible with your life."

Players

Kenneth Hobson

Marcus & Millichap

Broker

$122.4M

vol

5 deals

Broker
Shane Decker

Shane Decker

Infinity Properties USA

Buyer

$406M

vol

22 deals

Buyer
Real Capital Solutions (RCS)
Real Capital Solutions (RCS)Seller

Longwood Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.45%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93