Jupiter, Florida-based EML Realty Partners announced the purchase of 1470 Treeland Blvd SE in Palm Bay for $3,850,000.
The single tenant high tech facility totals more than 35,000 square feet and is situated on approximately 3.7 acres. It will be fully leased to Sollensys Corp, a publicly traded data management company.
“We are extremely proud to be off to such a strong start in 2023 with the announcement of these January deals, especially given the current difficult market conditions we are all operating within,” said Eric M. Levitt, founder of EML Realty Partners. “We are hoping the momentum will continue, as we have several deals on the horizon. We look forward to continue to uncover off-market opportunities to add to EML Realty Partner’s growing portfolio.”
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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