John Wilcox Of JWF Management Acquires Industrial Property From Allen Ratterree Of InSite For $22.258M

The industrial property located at 3501 South Lewis Street in New Iberia, Louisiana was sold for $22,258,000. The asset spans 80,000 square feet, resulting in a price per square foot of $278. The buyer, John Wilcox from JWF Management, acquired the property from the seller, Allen Ratterree representing InSite. The buyer was assisted by Lyman Phillips and Jesse Gregg of Golden Lion Capital Investments, while the seller was represented by Zach Pool and Brett Butler of NorthMarq.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $22,258,000
• Market: New Iberia, Louisiana
• Buyer: John Wilcox - JWF Management
• Seller: Allen Ratterree - InSite
• Buyer's Rep: Lyman Phillips & Jesse Gregg - Golden Lion Capital Investments
• Seller's Rep: Zach Pool & Brett Butler - NorthMarq

Golden Lion Capital Advisory Group, represented by Lyman Phillips and Jesse Gregg, facilitated the closing of this deal and announced their satisfaction in securing a single tenant industrial property in Louisiana. The group also extended an invitation to explore industrial, office, and retail property opportunities nationwide.