The Royston Group has completed the sale of a 19,920 square foot warehouse located in Port St. Lucie, Florida. The property is leased to on a long term triple net basis to Cemex Construction Materials Florida which is a subsidiary of cement and construction giant Cemex. The building was constructed in 2008 and sits on 4.8 acres of land.
Rob Sutton of the Royston Group represented the seller and Pablo Lupinacci of Fabian Realty represented the buyer. The seller was a private developer based in Florida and the buyer was an international investment group. The buyer was attracted to the strong financials of the tenant, the triple net lease and the favorable assumable loan.
http://www.digitaljournal.com/pr/359274#ixzz1RtlnPke4
Rob Sutton of the Royston Group represented the seller and Pablo Lupinacci of Fabian Realty represented the buyer. The seller was a private developer based in Florida and the buyer was an international investment group. The buyer was attracted to the strong financials of the tenant, the triple net lease and the favorable assumable loan.
http://www.digitaljournal.com/pr/359274#ixzz1RtlnPke4
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