SOLD
IP Capital Partners & Torchlight Investors Acquire Ocala Industrial Property For $126.5M
655 Southwest 52nd Avenue
Industrial
1,900,000 SF
1,900,000 SF
Sold 1 year ago
Summary
Sale
FLORIDA
Industrial
1,900,000 sqft
The industrial property located at 655 SW 52nd Ave. in Ocala has recently been sold for a total price of $126,500,000. The property spans over 1,900,000 square feet, resulting in a price per square foot of $67. The transaction took place on July 19, 2021, and involved IP Capital Partners and Torchlight Investors as the buyers, while Reich Brothers acted as the sellers.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $126,500,000
- Address: 655 SW 52nd Ave.
- Market: Ocala
The deal was facilitated by a team of brokers from Cushman & Wakefield, including Mike Davis, Adam Spies, Rick Brugge, Rick Colon, Kevin Donner, Dominic Montazemi, Zach Eicholtz, and Brooke Tulley. These brokers represented both the buyers and sellers throughout the transaction process.
Players
All
11
Agents
8
Agencies
3
Details
SOLD
IMAGE: Adam Spies, Dominic Montazemi, Mike Davis, Rick Colon, Kevin Donner, Rick Brugge, Brooke Tulley & Zach Eicholtz
DATE: 07/19/2021
ADDRESS: 655 SW 52nd Ave.
MARKET: Ocala
ASSET TYPE: Industrial
BUYER: IP Capital Partners & Torchlight Investors
SELLER: Reich Brothers
BROKERS: Mike Davis, Adam Spies, Rick Brugge, Rick Colon, Kevin Donner, Dominic Montazemi, Zach Eicholtz & Brooke Tulley - Cushman & Wakefield
SALE PRICE: $126,500,000
SF: 1,900,000 ~ PPSF: $67View on map
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Address655 Southwest 52nd Avenue
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