
STAR Industrial
7935-7995 114th Ave & 7875 114th Ave N, Largo, FL, 33777, US
16,200 m²
JLL is pleased to offer for sale the Aerospace Technologies Group Sale-Leaseback Portfolio, comprising two mission-critical industrial / manufacturing properties totaling 93,898 SF and located in Boca Raton, FL. Upon closing, Aerospace Technologies Group, Inc. (“ATG” or the “Tenant”) will commit to a 20-year, absolute triple-net master lease term with 3.00% annual escalations. Home to the Tenant’s primary manufacturing and research and development operations, the Properties are strategically situated in the heart of Florida Atlantic University’s Research Park within South Florida’s core industrial market. ATG is a premier developer and supplier of window shade systems for the private and commercial aviation industry as well as the largest Tier 1 supplier of electric window shade systems to aircraft OEMs worldwide.
The Properties present investors with an attractive opportunity to acquire two infill and mission-critical industrial facilities in one of the nation’s top industrial markets while being secured by long-term, growing cash flow from a global manufacturer of highly engineered products.