Based in Jupiter, FL, EML Realty Partners recently announced the acquisition of the property home of Sailfish Brewery headquarters, located at 130 N. 2nd Street in Fort Pierce, FL. The 24,000 square foot property will remain the home of the Sailfish Brewery brewing facility, distribution center, and full-service restaurant and tasting room. Jeremy Howard, broker and owner of Jupiter-based INLET Properties & Investments brokered this off-market deal, valued at two million. This marks EML Realty Partner’s ninth acquisition in 2021 with an excess of more than 35 million in total purchases to date in 2021.
“I am very excited to have closed on such a unique property in an up-and-coming area,” said Eric M. Levitt, founder of EML Realty Partners. “We look forward to having Sailfish Brewery as our tenant for many years to come as they continue to grow as a leading, local independent brewer.”
“In my 11 years practicing commercial real estate in South Florida, this was one of the more special deals as I’ve known David BuShea, the co-founder and President of Sailfish Brewing Company for over 14 years and have developed a close relationship with the buyer of the property, Eric Levitt, in recent years,” said Jeremy Howard, owner of INLET Properties & Investments. “Connecting these two solid guys together will hopefully bring more opportunities for all down the road. Look out for a cold Sailfish beer in your hometown!”
EML Realty Partners specializes in the acquisition of opportunistic commercial real estate investments, with a diverse portfolio of industrial, flex, office, retail, and entertainment properties. Founded by Eric M. Levitt, EML Realty Partners specializes in creating value on these properties after they are acquired. Prior to moving to Florida, EML Realty Partners was a very active and well-respected real estate firm in the Mid-Atlantic region.
For more information, visit https://emlrealtypartners.com and https://inletprops.com/about-us/.
About EML Realty Partners
EML Realty Partners, LLC is a commercial real estate investment firm specializing in the acquisition of opportunistic commercial real estate investments. EML also selectively invests in commercial real estate partnerships by providing capital to projects in the form of debt and equity. The EML portfolio is a diverse mix of industrial, flex, office, retail, and entertainment properties providing above market returns for their partners. EML specializes in creating the value needed on properties after the initial acquisition. The EML portfolio has a high concentration of industrial properties on the east coast of South Florida, where the company is now based. The South Florida portfolio consists of more than 20 properties with a value of approximately $300 million.
About INLET Properties & Investments
The INLET Properties & Investment team of full-time real estate professionals prides themselves first and foremost on working in confidentiality with each of their valued relationships. With expertise in both COMMERCIAL and RESIDENTIAL real estate as well as PROPERTY MANAGEMENT and INSURANCE services, we strive to be your GO TO resource for all your property needs. Whether you’re looking to BUY, SELL, LEASE or INVEST – we invite you to contact us TODAY. No matter the NEED or GOAL – let’s make CONFIDENT decisions together.
Article By CityBiz.co