NAI
Southcoast is proud to announce the closing on the sale of a 147 acre parcel
located at Indrio Road and Johnston Road in St. Lucie County. Nikolaus M.
Schroth, CCIM represented the seller, PNC Bank, in the sale and Jeff Cusson
with Coldwell Banker Commercial Saunders Real Estate represented the buyer,
Indrio Acres, LLC. The purchase price was $925,000 and the buyer has no
immediate plans for the property. The property had been listed for several
years and was aggressively marketed through the transition of ownership from
RBC Bank to PNC Bank. The sale represents one of several recent land sales in
the Treasure Coast area, as a recent increase in activity has been observed.
Please
contact Nikolaus M. Schroth, CCIM for other commercial real estate listings or
for additional information regarding this sale.
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