REDFEARN CAPITAL NEWS

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 million or approximately $164.47 per square foot. The firm also owns a pair of industrial properties in Clearwater.

For the record

The property sale was brokered by Julia Silva and Erika Thompson with Lee & Associates Tampa Bay who marketed the property on behalf of the seller, a private family trust.

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 4.7 million square feet and 250+ active tenants in three states. Redfearn Capital’s HQ is in Delray Beach, FL.

www.redfearncapital.com