Originally reported by South Florida Business Journal
Read the original story here: https://www.bizjournals.com/southflorida/news/2026/02/27/seavee-sagard-headquarters-sale-leaseback.html
SeaVee Boats has finalized a $51 million sale-leaseback transaction involving its global headquarters and manufacturing campus in Medley, reinforcing continued investor demand for Class-A industrial real estate in South Florida.
The property was acquired by an affiliate of Sagard Real Estate in a structured sale-leaseback agreement that allows SeaVee to maintain long-term occupancy of the facility while unlocking capital tied to the real estate.
Property & Transaction Details
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Company: SeaVee Boats
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Buyer: Affiliate of Sagard Real Estate
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Location: Medley, Miami-Dade County, Florida
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Asset Type: Class-A industrial headquarters and manufacturing campus
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Size: Approximately 186,000+ square feet
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Sale Price: $51,000,000
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Structure: Long-term sale-leaseback
Constructed in 2019, the three-building industrial complex serves as SeaVee’s corporate headquarters and advanced production facility for its custom sportfishing vessels. The campus includes modern manufacturing infrastructure tailored to marine fabrication and assembly operations.
Under the terms of the agreement, SeaVee will continue operating at the Medley location under a long-term lease, ensuring business continuity while reallocating capital toward operational growth and strategic initiatives.
Strength of the South Florida Industrial Market
This transaction highlights several key dynamics shaping the South Florida industrial sector:
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Strong institutional demand for stabilized industrial assets
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Continued investor confidence in Miami-Dade manufacturing properties
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Limited availability of modern Class-A facilities
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Growing use of sale-leaseback strategies among operating companies
Medley remains one of the most sought-after industrial submarkets in the region due to its proximity to major transportation infrastructure, including PortMiami, Miami International Airport, and key logistics corridors.
SVN Representation
The buyer was represented by advisors from SVN Commercial Realty, including Joel Kattan and Anthony Peragine.
We extend congratulations to the SVN advisors involved in this significant South Florida industrial transaction. Their representation underscores SVN’s continued presence in institutional-grade investment sales across the region.
About Sale-Leasebacks in Today’s Market
Sale-leaseback transactions have become increasingly common among owner-operators seeking to improve capital efficiency. By monetizing owned real estate while securing long-term tenancy, companies can strengthen balance sheets without disrupting operations — a strategy particularly attractive in high-demand industrial markets like Miami-Dade County.