Redfearn Secures Refinancing for 900,000-Square-Foot Florida Warehouse Portfolio
Florida Redfearn Capital has successfully recapitalized a $107.5 million industrial real estate portfolio located across Florida, in partnership with institutional investor DRA Advisors. Originally launched in 2020 in collaboration with TPG Angelo Gordon, the portfolio includes 10 properties in key Florida markets, including Jacksonville, South Florida, Clearwater, and Orlando. The assets collectively span more than […]
Redfearn Obtains Refi on 900K-SF Florida Warehouse Portfolio
Florida Redfearn Capital recapitalized a $107.5 million industrial real estate portfolio made up of properties throughout Florida. DRA Advisors partnered on the transaction. The portfolio, originally established in 2020 in partnership with TPG Angelo Gordon, includes 10 properties spanning Jacksonville, South Florida, Clearwater, and Orlando, totaling more than 900,000 square feet. With DRA Advisors as the new […]
Industrial Players Go Long on Long-Term Amid Tariffs, Other Uncertainty
NYC Industrial real estate — warehouses, manufacturing facilities, distribution centers, logistics hubs and outdoor storage — boomed as an asset class during the pandemic lockdowns. Its allure for investors has since cooled a bit, but demand is still very much there. The main drivers of that demand include a booming e-commerce market, regionalization, a shift in globalization, and […]
DRA Recaps Florida Portfolio With $108M Investment
Riviera Beach DRA Advisors has joined Redfearn Capital for the $107.5 million recapitalization of a Florida industrial portfolio spanning 900,000 square feet, according to the Commercial Observer. The 10-property collection, located from South Florida to Jacksonville, Fla., had been acquired by a Redfearn and TPG Angelo Gordon joint venture fund starting with 2021. Three of the […]
DRA Advisors Joins Redfearn Capital on $100M Florida Industrial Portfolio Recap
West Palm Beach Redfearn Capital has added a new equity partner in the recapitalization of an industrial portfolio in Florida, Commercial Observer has learned. DRA Advisors joined Redfearn, a private equity firm, to recapitalize 10 logistics assets from South Florida to Jacksonville spanning more than 900,000 square feet. Redfearn acquired the properties in 2020 in partnership […]
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 […]