Infinity Properties USA Acquires 20-Building Industrial Portfolio In South And Central Florida For $35M
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See Similar DealsInfinity Properties USA Acquires 20-Building Industrial Portfolio In South And Central Florida For $35M
705 W State Rd 434 & 779 NE Dixie Hwy
See Similar DealsSummary
Infinity Properties USA, led by Shane Decker and Brett Schlacter of Bay Harbor Islands, FL, has recently made a significant acquisition in the industrial sector. They have purchased a 20-building portfolio totaling 262,000 sq ft across South and Central Florida for a price of $35,000,000. This acquisition further solidifies Infinity Properties USA's reputation as the top buyer of large-scale industrial assets in Florida.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $35,000,000
- Square Footage: 262,000 sq ft
- Price per Square Foot: $134
- Address of the buildings:
- 705 W State Rd 434, Longwood, FL (7 buildings)
- 779 NE Dixie Hwy, Jensen Beach, FL (13 buildings)
- Market: Orlando & Jensen Beach
Infinity Properties USA already owns and operates 130,000 sq ft of industrial assets in the Northern Orlando market. The additional 7 buildings acquired in Longwood, FL will strengthen their presence in this strong industrial market. The other 13 buildings acquired in Jensen Beach, FL will diversify their portfolio and provide exposure to a popular beach town in Florida.
Infinity Properties USA, a privately held family office based in Miami Beach, is focused on real estate acquisitions, particularly in the industrial sector. With over 1 million sq ft under their ownership and management, they have established themselves as a major player in the industry. Their success can be attributed to their strong relationships with owners, brokers, and real estate professionals across the state. Transactional attorneys Louis P. Archambault and Sophia Rub of Saul Ewing Arnstein & Lehr LLP represented Infinity Properties USA in this transaction.
It is worth noting that Infinity Properties USA is known for their ability to identify and acquire off-market opportunities. In fact, they have a policy of paying brokers instead of sellers for any off-market deals. This approach has undoubtedly contributed to their success in the industrial real estate market.
For any deals or partnership opportunities, you can reach out to Shane Decker at [email protected] or Brett Schlacter at [email protected]. Infinity Properties USA's acquisition of this 20-building portfolio demonstrates their continued commitment to the industrial sector in Florida and their ambition to grow their real estate footprint.
Remember, as Shane Decker says, "you are meant to do something incredible with your life."
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