Sky-High Prices Forcing South Florida’s Industrial Developers To Look Elsewhere
Sky-High Prices Forcing South Florida’s Industrial Developers To Look Elsewhere South Florida’s industrial market has gotten so hot coming out of the pandemic that developers are eyeing a Plan B. While developers say the region is still attractive with the influx of new residents and its business-friendly environment, developers are beginning to look elsewhere due […]
Redfearn Capital closes on outdoor storage facility
Delray Beach-based Redfearn Capital, a private equity commercial real estate company led by Alex Redfearn that targets value-add, distressed and opportunistic real estate investments, closed on its latest acquisition. The investment firm acquired a 35,265-square-foot industrial building at 10301 Fisher Ave. occupying a 4.2-acre lot and operating as an outdoor storage facility. The property traded for $5.8 […]
Alex Redfearn Of Redfearn Capital Acquires Industrial Asset In Tampa For $5.8M
The industrial property located at 10301 Fisher Avenue in Tampa has a sale price of $5,800,000.The asset spans 35,000 square feet, which translates to a price per square foot of $165. Summary of transaction details: Alex Redfearn represents Redfearn Capital in this transaction, acting as the buyer in theacquisition of the property at 10301 Fisher […]
4875 Park Ridge Blvd Boynton Beach, FL 33426
17,000 sq ft office/warehouse building located on Park Ridge Blvd. within Quantum Park. The building is 17,000 +/- sq ft with glass front entryways and rear overhead doors. The space can be built out as 100% office and the rear overhead door can be removed and replaced with glass. Single story space with a 3 […]
Redfearn Capital Secures $18.7M Acquisition Loan for Industrial Facility in South Jacksonville
JACKSONVILLE, FLA. — Redfearn Capital has secured an $18.7 million acquisition loan for a 363,000-square-foot industrial facility located at 12751 Gran Bay Parkway in south Jacksonville. South Point Capital Management provided the loan. Redfearn Capital acquired the property from Brookfield for $27.2 million. The property was fully leased at the time of financing to Saddle Creek […]
Alex Redfearn Of Redfearn Capital Purchases Industrial Asset From Eckstein Properties For $30.6M
Florida Central Parkway | Industrial | 196,412 SF The property at 975-1175 Florida Central Parkway, located in Longwood, is an industrial asset featuring a total square footage of 196,412. The sale price for this property was set at $30,600,000, which translates to a price per square foot of $155. Property Type: IndustrialTransaction Amount: $30,600,000Square Footage: […]
Adapting to Change: How E-Commerce and Population Growth are Shaping Industrial Real Estate Strategies
With the Southeast’s rapid population growth, the industrial real estate market continues to surge. According to one source by the Federal Reserve Bank of Atlanta , for instance, their reports find that the Southeast between 2019 and 2022 alone “more than doubled the differential in growth rates of population between the Southeast and the nation […]
TCA Logistics leases 33,000-square-foot warehouse in South Jacksonville
The New York company specializes in shipping exercise and fitness equipment. TCA Logistics, which specializes in shipping exercise and fitness equipment, will open a regional warehouse Nov. 1 in South Jacksonville, according to an Oct. 8 news release. The 33,000-square-foot warehouse is at 5885 Mining Terrace, west of the intersection of Philips Highway and Interstate […]
TCA Logistics to lease Jacksonville industrial space
A Texas-based logistics company will distribute fitness equipment out of a warehouse on theSouthside of Jacksonville. TCA Logistics signed a five-year lease with Redfearn Capital, a private equity commercial realestate firm that bought eight warehouses across the Westside and Southside submarkets earlier this year. The logistics company will occupy one of those eight properties in […]
196,412-SF Industrial Building in Suburban Orlando Fetches $30.6Mln
Redfearn Capital has paid $30.6 million, or $155.79/sf, for the 196,412-square-foot industrial building at 975-1175 Florida Central Parkway in the Orlando, Fla., suburb of Longwood, Fla.