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Snapbox Self Storage & First Neck Self Storage Acquire Industrial Property In Port St. Lucie For $7.2M

1849 Southwest South Macedo Boulevard
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This Industrial property located in FL was sold for $7,200,000 almost 4 years ago. The brokers of the deal were Luke Elliott and Michael "Mike" Mele

An industrial property located at 1849 SW South Macedo Blvd in Port St. Lucie has been sold in a closed transaction. The property, measuring 69,219 square feet, was sold for a price of $7,200,000, resulting in a price per square foot of $104. The transaction took place on April 15, 2020.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $7,200,000
  • Address: 1849 SW South Macedo Blvd
  • Market: Port St. Lucie
  • Square Footage: 69,219

The buyer of the property was Snapbox Self Storage & First Neck Self Storage, while the seller was American Personal Storage. Luke Elliott and Mike Mele from Cushman & Wakefield represented both parties as brokers in this deal.

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Deals
  • Location
    1849 Southwest South Macedo Boulevard, Port St. Lucie, FL, USA1849 Southwest South Macedo Boulevard, Port St. Lucie, FL, USA
  • Sale Price
    $7,200,000$7,200,000
    $104 PPSF$104 PPSF
  • Area
    69,219 SF69,219 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Michael "Mike" Mele

Michael "Mike" Mele

Deals7
Sold$137.7M

Agency

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4190
Volume$167B

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Deal Summary

SALE IMAGE: Luke Elliott & Mike Mele DATE: 04/15/2020 ADDRESS: 1849 SW South Macedo Blvd MARKET: Port St. Lucie ASSET TYPE: Industrial PRICE: $7,200,000 SF: 69,219 PPSF: $104 BUYER: Snapbox Self Storage & First Neck Self Storage SELLER: American Personal Storage BROKERS: Luke Elliott & Mike Mele - Cushman & Wakefield

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1849 Southwest South Macedo Boulevard

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