EML Realty Partners Announces Acquisitions & Sales To Cap Off A Very Successful 2023
EML Realty Partners bought and sold over 15 properties in 2023 with a combined value of $60 million.
EML Realty Partners bought and sold over 15 properties in 2023 with a combined value of $60 million.
Ferguson Plumbing Supply has been the tenant in both of these buildings since 2006. The purchase price of these buildings, around $50 per square foot, was less than the land value alone.
Eric Levitt, founder of EML Realty Partners, Dan Flamholtz and David Berg, Principals of Greenspring Realty Partners, worked together as partners in Maryland before Eric moved full-time to Florida in 2016.
The buildings are located at 721 Industrial Drive in Wildwood.
This is EML Realty Partner’s sixth acquisition in 2022, totaling $35 million in acquisitions this year.
The three recent acquisitions total just under $20 million dollars.
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