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$5.8 Million For Pylon Prize

Cambridge Asset Holdings In Sale-Leaseback
By Beth Brewer
July 25, 2002 | 3:47 P.M.

On July 18, 2002, Cambridge Asset Holdings LLC purchased and leased back to Pylon Manufacturing Corp. its 84,000-square-foot headquarters and manufacturing building at 1341 Newport Center Drive in Deerfield Beech, FL. The sale price was $5.8 million, or $69 per square foot. Pylon is a leading manufacturer of wiper blades for the automotive replacement parts market. Jerry Lehman of Lehman Realty Services was the buyer’s agent and manager of Cambridge Asset Holdings LLC based in Boca Raton. Chris Metzger, Sky Groden and Richard Etne of Cushman Wakefield represented Pylon.

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