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57 Town Court
SOLD

Anthony Cohen, Reed Melillo, And Mike James Acquire Palm Coast Office Building For $11.3M

57 Town Court

Office
27,310 SF
clock iconSold 1 year ago
Jorge Gomez
Brad Kraus
Reed Melillo
+ 3
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Summary

Sale
FLORIDA
Office
27,310 sqft

The office property located at 57 Town Ct in Palm Coast was recently sold for a total price of $11,297,286. Spanning a total area of 27,310 square feet, the property was sold at a rate of $414 per square foot. The transaction took place on January 27, 2021, and the property boasted a cap rate of 7.14%.

Summary of Transaction Details:

  • Property Type: Office
  • Transaction Amount: $11,297,286
  • Address: 57 Town Ct, Palm Coast
  • Market: Palm Coast
  • Square Footage: 27,310
  • Price per Square Foot: $414
  • Cap Rate: 7.14%

The brokers involved in the transaction included Anthony Cohen, Reed Melillo, and Mike James. Brad Kraus and Jorge Gomez acted as the mortgage brokers. All these individuals played a crucial role in facilitating the sale of the office property at 57 Town Ct.

Players

  • All

    6

  • Agents

    5

  • Agencies

    1

Jorge Gomez's profile picture
Jorge Gomez
James Capital Advisors-image
Senior Associate
$11.3M Sold
Brad Kraus's profile picture
Reed Melillo's profile picture
Anthony Cohen's profile picture

Details

Deal Summary
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SOLD
IMAGE: Mike James, Brad Kraus, Reed Melillo, Jorge Gomez, & Anthony Cohen DATE: 01/27/2021 ADDRESS: 57 Town Ct MARKET: Palm Coast ASSET TYPE: Office BROKERS: Anthony Cohen (@anthonyncohen), Reed Melillo (@reedmelillo) & Mike James (@mikejamesboom) MORTGAGE BROKERS: Brad Kraus (@bradkraus) & Jorge Gomez (@jorgeeegmz) SALE PRICE: $11,297,286 SF: 27,310 ~ PPSF: $414 CAP RATE: 7.14%

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Address57 Town Court

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