Archer Daniels Midland Acquires Industrial Property In Lake Park For $5.69M

The industrial property located at 1425 Watertower Rd in Lake Park has been sold for a price of $5,690,000. Spanning across 26,093 square feet, the property was purchased by Archer Daniels Midland from Opici Wine. The sale price translates to a price per square foot of $218.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $5,690,000
• Address: 1425 Watertower Rd
• Market: Lake Park
• Buyer: Archer Daniels Midland
• Seller: Opici Wine
• Buyer's Representative: Scott Witkowski & Jeremy Gannon - Cohen Commercial
• Seller's Representative: Sky Groden & Evan Christiansen - JLL
• Square Footage: 26,093
• Price per Square Foot: $218

Scott Witkowski and Jeremy Gannon from Cohen Commercial represented Archer Daniels Midland as the buyer's representatives in this transaction. On the other hand, Sky Groden and Evan Christiansen from JLL served as the seller's representatives. The deal signifies a successful collaboration between the involved parties, leading to the sale of the industrial property.