Closing Announcement

October 10, 2023

J. Peter Couchell, CCIM, and Robert M. Schmidt from Furman Capital Advisors represented the seller in the strategic disposition of the Daytona Beach Flex Portfolio, achieving a closing at 97% of the asking price. The portfolio encompasses twelve multi-tenant light industrial buildings, distributed across two business parks, and totals 184,944 square feet.

 

About Furman Capital Advisors

Furman Capital Advisors (FCA) is the Investment Services Division of NAI Earle Furman focused on real estate acquisitions, dispositions, portfolio management and loan workouts of various investment property types throughout the southeastern United States. The Furman Capital Advisors team offer a full range of financial services including comprehensive financial modeling, due diligence analysis, real estate valuations, loan sourcing and more. With offices in North and South Carolina, Furman Capital Advisors provides clients with access to a unique investment platform, as well as connecting them with profitable real estate opportunities throughout the Southeast and the country. They are focused on bringing income producing assets to the market, performing financial analysis of available investment properties and utilizing resources to facilitate growth and the preservation of wealth for investors. For more information, visit www.furmancapital.com.

 

About NAI Earle Furman

NAI Earle Furman (NAIEF) is the Upstate’s largest commercial real estate brokerage and property management firm that has been providing superior results to its clients for over thirty years. With three Upstate offices, NAIEF delivers creative solutions to ensure client success while promoting a culture of collaboration, drive, and innovation. In 2017, NAI Earle Furman and NAI Piedmont Triad (based in North Carolina) joined forces to form a creative commercial real estate collaboration across state lines. Together, they expanded their market footprint in 2019 by partnering with the newly rebranded NAI Columbia (formerly Avant) group operating in the South Carolina Midlands, and later merging in January 2023. This strategic alliance equally benefits all three firms with additional manpower, expanded resources, and ever-evolving cross-market projects fueled by combined expertise. For more information, visit www.naiearlefurman.com.