NEW YORK, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Rainbow Realty Group IV, LLC and Rainbow Realty Group II, LLC (collectively, "Rainbow”), announced the acquisition of a 415,733-square-foot industrial building on 29.19 acres in Palatka, Florida for $14,900,000. (the "Property”). The Property was acquired all cash on August 5th, 2025. Rainbow secured a mortgage of $9,685,000 against the Property with a regional bank on October 6th at a fixed rate of 8%.The Tenant at the Property is a multi-state operator with a fo ...