02/02/2022
Asset Specialists, Inc. ("ASI") is pleased to announce the leasing of 10,000 sf of industrial warehouse space in Port St. Lucie at the Palm Oak Building. The subject space was put on the market and a national credit tenant was identified and secured within weeks. With the ex*****on of this lease the property has maintained its 100% occupancy. Asking rent at the time of ex*****on of such lease was $11.00/sf NNN + $4.73/sf CAM.
The subject property was originally acquired by ASI's client in September of 2020 and our firm was immediately secured to manage the 40,000 sf property which is home to multiple local and national credit tenants.