Mandich Group Acquires Industrial Property In Auberndale For $32M

The industrial property located at 701 McKean St in Auberndale has been sold for a total price of $32,000,000. The property spans across 254,000 square feet, resulting in a price per square foot of $126. The transaction took place between the buyer, Mandich Group, and the seller, Adams Cold Storage.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $32,000,000
• Address: 701 McKean St
• Market: Auberndale
• Buyer: Mandich Group
• Seller: Adams Cold Storage

The deal was facilitated by the brokerage team consisting of George Smith and Seth Woods from Mandich Real Estate Advisors. Specializing in sourcing off-market investment opportunities in the cold storage and industrial asset types, the brokers played a crucial role in connecting the buyer and the seller. For further inquiries, George Smith can be reached at 786-797-0903 or [email protected], while Seth Woods can be contacted at 805-746-3387.