Palm Beach County golf club breaks ground on clubhouse
Delray Beach-based Redfearn Capital made two multitenant industrial acquisitions: the17,215-square-foot property on 1.42 acres at 4875 Park Ridge Road in Boynton Beach, for $3.4million, and 30,920-square-foot property on 2.15 acres at 1445-1449 Jupiter Park Drive inJupiter, for $7.4 million. www.redfearncapital.com. Original article posted on South Florida Business Journal
Alex Redfearn Of Redfearn Capital Acquires Industrial Property In Jupiter For $7.4M
1445 Jupiter Park Drive The transaction involves an industrial property located at 1445 & 1449 Jupiter Park Drive in Jupiter, with a sale price of $7,400,000. The property encompasses an area of 32,375 square feet, resulting in a price per square foot of $228. Summary of transaction details: This deal features Alex Redfearn representing Redfearn Capital as […]
Alex Redfearn Of Redfearn Capital Purchases Industrial Asset From Paul Maddock For $3.4M
4875 Park Ridge Boulevard The property involved in this transaction is an industrial asset located at 4875 Park Ridge Boulevard in Boynton Beach. The transaction was completed for a sale price of $3,400,000, encompassing a total area of 17,215 square feet, resulting in a price per square foot of $197. Summary of transaction details: In this transaction, […]
Small Bays are Becoming Big-Time Targets
Small bay warehouses are often viewed as one of the less important segments of industrial real estate. But that view is changing as demand for small space storage remains high while supply is limited and the high cost of replacement keeps rising, according to Alex Redfearn, CEO of Redfearn Capital, a private equity CRE firm […]
CPP Investments, Bridge Industrial Launch $789M JV
The partners will target markets with limited warehouse space. CPP Investments and Bridge Industrial have formed a $789 million joint venture focused on industrial assets. Bridge Industrial has taken a 5 percent stake, while CPP Investments holds the other 95 percent. The partners aim to find properties that will speed delivery times in key markets […]
Landmark Reopens
Fort Lauderdale In 1956, before Disney, before “Where The Boys Are,” before much of modern Florida tourism, brothers Bob and Jack Thornton dropped a then-record-setting $350,000 to create the most expensive restaurant project in the nation that year: A Polynesian-themed restaurant on U.S. 1 just north of Fort Lauderdale. They added a dinner show a […]
South Florida investor pays $5.8 million for Tampa industrial site
Tampa/St. Petersburg/Pasco/Polk Industrial dealings: Redfearn Capital, a Delray Beach private equity commercial real estate firm, has bought an industrial site in Tampa. The property is off Interstate 75 at 10301 Fisher Ave. on Tampa’s east side. The company paid $5.8 million for the property. The previous owner was a family trust that paid $199,700 for it […]
Redfearn Capital Purchases Two South Florida Industrial Facilities for $10.8M
BOYNTON BEACH AND JUPITER, FLA. — Redfearn Capital has purchased two industrial facilities in South Florida for a total of $10.8 million. The Delray Beach, Fla.-based investment firm acquired a 17,215-square-foot, multi-tenant facility at 4875 Park Ridge Road in Boynton Beach for $3.4 million and a 30,920-square-foot property at 1445-1449 Jupiter Park Drive in Jupiter […]
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 […]
Jax Port Industrial Properties Turn Over
Investment firm Stonepeak acquired nine logistics properties totaling 1.8 million square feet near the Port of Jacksonville. JLL served as Stonepeak’s financial advisor. The port has been the site of several recent transactions. In August, Redfearn Capital acquired a 363,000-square-foot warehouse, Gran Bay Parkway, at 12751 Grand Bay Parkway in Jacksonville from Brookfield for $27 […]