FirstService Residential Sells Industrial Property In Boca Raton For $8.3M

FirstService Residential has sold an industrial property in Boca Raton, located at 6300 Park of Commerce Blvd. The property spans approximately 5 acres and is situated in a prime location in the market.

Summary of Transaction Details:

• Property Type: Industrial
• Sale Price: $8,300,000
• Square Footage: 38,000
• Price per Square Foot: $218
• Transaction Date: 11/01/2021
• Address: 6300 Park of Commerce Blvd
• Market: Boca Raton

The buyer's representatives, Jose Sasson and Roberto Susi from Axiom Capital Advisors, facilitated the purchase of the property. On the other side, Robert Listokin from Colliers represented the seller, FirstService Residential.

This transaction demonstrates the demand for industrial properties in Boca Raton, with a sale price of $8,300,000. The property offers 38,000 square feet of space, amounting to a price per square foot of $218. The deal was successfully closed on 11/01/2021, marking a significant acquisition in the market.