Recent Acquisition of Goodwill Industries Distribution Center

July 11, 2022

Based in Jupiter, FL, EML Realty Partners recently announced the acquisition of the property home of Goodwill Industries, located at South Kings Highway in Fort Pierce, FL. The 41,362 square foot industrial distribution center was purchased for $6.3 million. This is EML Realty Partner’s sixth acquisition in 2022, totaling $35 million in acquisitions this year.

“I am very excited to have closed on this off market industrial property,” said Eric M. Levitt, founder of EML Realty Partners. “We look forward to having Goodwill Industries as our tenant for many years to come. Goodwill has been a tenant at this location since 2005 and is a staple in the community.”

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.

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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.

Article By: Citybiz

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