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| Jim Tamblyn |
NAPLES, FL (Aug. 27, 2015)
– A private investor has purchased a Class A industrial warehouse with plans
for a fitness and training facility. The 18,645-square-foot industrial space
sold for $2.1 million.
The building is 100
percent air-conditioned, an unusual feature for a facility of this type, and
features 20-foot ceilings, a truck well and grade level overhead doors.
Jim Tamblyn,
CCIM, Senior Associate for Colliers International Southwest Florida,
represented the buyer, RICDEN, LLC. The
seller is Baron Investment Corp. of Naples.
With a limited supply of
Class A industrial space in Southwest Florida, the buyer purchased space that’s
twice as large as what was required for its use of the facility, while
providing the opportunity to lease the other half of the building at an
attractive rental rate.
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| 3600 Westview Drive, Naples, FL |
“It was key for the buyer
to secure high-quality flex industrial space large enough to accommodate a
significant amount of physical training equipment,” said Tamblyn.
“The price
reflected the high market demand for industrial space, with sales prices and
lease rates approaching levels that could support speculative construction in
the area.”
Located at 3600 Westview
Drive in Naples, the facility will be sectioned by a new firewall to split the
floor plan. Herbeau Creations of America, Inc., a distributor of crafted sanitary ware, sinks
and faucets, will remain a tenant and will lease a portion of the space from the
new owners.
For a complete copy of the company’s news release,
please contact:
Juliette Lauer
B2 Communications
727-895-5030, ext. 107
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