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West Palm Beach Industrial

Location: West Palm Beach and Dania Beach, FL
Type: Industrial
Price: $20,000,000

SMC provided a $20,000,000 first mortgage to facilitate the refinance of the industrial property portfolio known as West Palm Beach Industrial. The portfolio consists of a 198,389 SF portfolio of fourteen industrial buildings located in West Palm Beach, FL, and a 12,660 SF industrial building located in Dania Beach, FL. The portfolio is 91.1% leased, collectively, and the tenants at the properties consist of a diverse mix of 142 local and regional companies.