Madore of Largo Capital arranges $5.2 million acquisiton

Port St. Lucie, FL Patrick Madore of Largo Capital, Inc. arranged a $5.2 million acquisition loan for a newly constructed, state-of-the-art small bay flex warehouse property located in Port St. Lucie, Florida.
Strategically positioned at the intersection of Village Parkway and Tom Mackie Boulevard, the property offers exceptional accessibility—just minutes from Interstate 95—and serves as a vital hub within one of Florida’s fastest-growing industrial corridors.
The property comprises two single-story flex warehouse and office buildings totaling 34,224 s/f, designed to accommodate approximately 30 tenants. With eight leases already secured, the asset reflects strong market demand and investment appeal.
The 7-year term loan structured with 2 years interest only and 30-year amortization, thereafter, provides the borrower with long-term, fixed-rate financing that aligns with the project’s long-term growth potential.
This transaction highlights Largo Capital’s continued dedication to delivering tailored, relationship-driven financing solutions for industrial and flex properties across the nation.