Dealmakers of the Month

We are pleased to announce Daniel Walser, Rick Polley and David Divine as APG’s Dealmakers of the Month for their seller representation in the sale of 100 Schmid Plaza.

Transaction details:

  • 110,000 square-foot, Class B industrial facility located in Anderson, SC.
  • The buyer was an investment firm out of Florida who specializes in industrial assets. The appeal of the property was its location along the I-85 corridor, its long-term strong-credit tenant, and that the tenant is paying below market rents. The buyer was able to get a very competitive non-recourse debt.
  • Sale price $7,075,000; or about $64.30 per square foot
  • 6.84% Cap

For information on APG Advisor’s various commercial real estate services and available properties, please contact us today!

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