Jeremiah Baron Acquires Retail Property In Port St Lucie For $11M

The retail property located at 10230-10368 S Us Highway 1 in Port St Lucie has been sold for a transaction amount of $11,000,000.00. The property spans a total area of 114,595 square feet, resulting in a price per square foot of $96. The sale was completed on January 17, 2024, and the seller of the property was Daniel Shoffet. The buyer of the property is Jeremiah Baron, represented by Conor Mackin from Jeremiah Baron & Company Commercial Real Estate. Conor Mackin acted as Jeremiah Baron's broker representative in this transaction. In summary, the key details of the transaction are as follows:

• Property Type: Retail
• Transaction Amount: $11,000,000.00
• Address: 10230-10368 S Us Highway 1, Port St Lucie
• Square Footage: 114,595
• Price per Square Foot: $96
• Buyer: Jeremiah Baron
• Seller: Daniel Shoffet
• Buyer's Representative: Conor Mackin - Jeremiah Baron & Company Commercial Real Estate

In this transaction, Jeremiah Baron, a prominent buyer in the market, acquired the retail property from Daniel Shoffet. Conor Mackin from Jeremiah Baron & Company Commercial Real Estate represented Jeremiah Baron as his broker in the deal.