CBRE Executive Vice President Robert Smith, Senior Vice President Kirk Nelson and Executive Vice President Jeffrey Kelly facilitated the sale of a single tenant leased property located at 1715 E Tiffany Drive in Mangonia Park for $5,720,000.
RL Capital LLC paid $5,720,000 for the 43,674-square-foot office/warehouse building, which is situated on 2.82 acres of land fronting 45th Street.
The deal closed June 18.
The owner/seller, Gulfstream Goodwill, executed a sale leaseback to the buyer.
Michael Fisher with John C. Bills Properties LLC and Chris Klein with Treasure Coast Commercial Real Estate Inc. assisted in the sale of the property.
“The Buyer and Seller both worked through a very challenging environment to arrange a successful sale,” commented Nelson.
With over 70 years combined experience as the North and South County brokerage market leaders with CBRE, Inc., Kelly, Smith, and Nelson have completed thousands of sale and lease transactions totaling billions of dollars in total consideration. They consistently achieve production levels high enough to be recognized nationally within CBRE.
