REDFEARN CAPITAL NEWS

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: Industrial
Transaction Amount: $30,600,000
Square Footage: 196,412
Price per Square Foot: $155
Buyer: Alex Redfearn – Redfearn Capital
Seller: Eckstein Properties
Date of Sale: 09/18/2024
Address: 975-1175 Florida Central Parkway
Market: Longwood

In this transaction, Alex Redfearn represented Redfearn Capital as the buyer, while Eckstein Properties served as the seller of the asset, marking a significant deal in the industrial sector.

About Redfearn Capital

Redfearn Capital (“RC”) founded in 2014 is a private equity commercial real estate company that targets value add, distressed and opportunistic investment opportunities. RC does property management, construction management and asset management for its portfolio in-house.

The Company partnered with an institutional capital partner for larger deals and works with a few high-net-worth family offices for smaller deals creating a compelling growth story. Quick decision making and proven investment principles allow Redfearn Capital to create value in the ever changing commercial real estate industry. Redfearn Capital has over $750 million of assets under management, over 4.9 million square feet and 250+ active tenants in three states. Redfearn Capital’s HQ is in Delray Beach, FL.

www.redfearncapital.com