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KODA Capital Acquires West Palm Beach Industrial Properties For $12.75M

6555 Garden Road, 6557 Garden Road & 3541 Dr Martin Luther King Jr Boulevard
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This Industrial property located in FL was sold for $12,750,000 almost 3 years ago. The brokers of the deal were Tyler Kuhlman, Richard Redmond, and Douglas (Doug) Mandel

Located in West Palm Beach and Riviera Beach, the industrial property at 6555 Garden Road, 6557 Garden Road, and 3541 Dr Martin Luther King Jr Blvd has been sold in a recent transaction. The property spans a total of 161,087 square feet and was sold for a price of $12,750,000, resulting in a price per square foot of $79.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $12,750,000
  • Address: 6555 Garden Road, 6557 Garden Road & 3541 Dr Martin Luther King Jr Blvd
  • Market: West Palm Beach & Riviera Beach

The buyer of the property is KODA Capital, represented by oniDagan and Brandon Kochen. The seller, Interstate Park Holdings, was represented by Douglas Mandel, Tyler Kuhlman, and Richard Redmond from Marcus & Millichap.

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Deals
  • Location
    6555 Garden Road6555 Garden Road
  • Sale Price
    $12,750,000$12,750,000
    $79 PPSF$79 PPSF
  • Area
    161,087 SF161,087 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    3 Brokers, 2 Agencies3 Brokers, 2 Agencies

Agents

Tyler Kuhlman

Tyler Kuhlman

Deals31
Sold$514.4M

Agencies

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4190
Volume$167B

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Deal Summary

SALE IMAGE: Tyler Kuhlman, Richard Redmond, @YoniDagan, Douglas K. Mandel DATE: 04/07/2021 ADDRESS: 6555 Garden Road, 6557 Garden Road & 3541 Dr Martin Luther King Jr Blvd MARKET: West Palm Beach & Riviera Beach ASSET TYPE: Industrial BUYER: KODA Capital - @YoniDagan & Brandon Kochen SELLER: Interstate Park Holdings SELLER'S REP: Douglas Mandel, Tyler Kuhlman & Richard Redmond - Marcus & Millichap SALE PRICE: $12,750,000 SF: 161,087 ~ PPSF: $79

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6555 Garden Road, 6557 Garden Road & 3541 Dr Martin Luther King Jr Boulevard

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