Jeremiah Baron & Co.

$12M Sale of 20.3-Acre Industrial Development Site

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Melissa Suarez  /   August 26, 2026

$12M Sale of 20.3-Acre Industrial Development Site

We are proud to announce the successful closing of a $12 million sale involving a premier 20.3-acre development site in Stuart, Florida, one of the most sought-after corridors on the Treasure Coast. The site comes fully entitled for an approximately 235,000-square-foot industrial park, offering its new owner a rare, development-ready opportunity in a market where shovel-ready industrial land continues to grow scarcer by the month.

The transaction was led by Chris Belland and Jerry Follano, whose deep market expertise and hands-on approach helped guide the deal to a successful close.

The buyer, GreenBarn Investment Group, plans to move forward with development of the site, adding another significant industrial project to a region experiencing sustained population growth, rising logistics demand, and increasing investor appetite for well-located industrial product.

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