OCALA, Fla. (Jan. 9, 2025) — Bridgewater Commercial Real Estate announces the $2 million sale of 1203 SW 12th St., a multi-tenant industrial property in this burgeoning region along the I-75 corridor of north-central Florida.

Bridgewater's Jack Wynne and Shane Billings co-listed this Ocala property that sold at a 6.1 percent capitalization rate.
"Industrial investments continue to be in high demand around Tampa Bay -- if you can find them," Managing Broker Kris Dumke said. "Jack and Shane went the extra mile, actually about 100 miles, to secure this nice listing north of our 8-county metro area."
The buyers of the investment property were from Orlando and secured financing at 80 percent loan to value.

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