ZYX Capital achieved a significant milestone by facilitating the $43 million acquisition of a 3-building Industrial Portfolio. The portfolio totaled roughly 195,000 square feet, which breaks down to an impressive $220 per square foot, highlighting our role in shaping Florida's commercial real estate landscape.
Located near I-95 and W Palm Beach International Airport, the portfolio houses over 40 tenants and boasts a 98% occupancy rate. Jonathan Salk, Managing Broker at ZYX Capital had this to say; "It's clear that we have facilitated a significant pricing achievement for the sellers, while we simultaneously helped our purchasers plant a flag in a constraint market. Deals like these underscore the vibrancy and potential of West Palm Beach's industrial sector."
This transaction illustrates ZYX Capital's prowess in brokering commercial real estate sales in the West Palm Beach market. As the market continues to evolve, ZYX Capital remains committed to providing insight, expertise, and a keen eye for opportunity.