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2150 Northeast 7th Avenue

Scott Daiagi Purchases Industrial Development Site From Hertz In Fort Lauderdale MSA
SOLDDevelopment Site

Scott Daiagi Purchases Industrial Development Site From Hertz In Fort Lauderdale MSA

2150 Northeast 7th Avenue

Building Size

580,555 SF

Asset Type

Development Site

Closing

Nov 30, 2025

AI

The property asset involved in this transaction is an industrial development site located at 2150 Northeast 7th Avenue within the Fort Lauderdale MSA. The property encompasses a square footage of 580,555. The transaction was executed between the buyer and seller without disclosing the transaction amount.

Summary of transaction details:

The individuals involved in the deal include buyer Scott Daiagi and seller Hertz, with a team of brokers from JLL, which comprises Simon Banke, Maurice Habif, Luis Castillo, Cody Brais, and James Todd representing the seller in this transaction.

Players

Luis Castillo

JLL

Broker

$2.2B

vol

56 deals

Broker

Scott Daiagi

Buyer

$61.1M

vol

5 deals

Buyer
HG
Hertz Investment GroupSeller

Dania Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.76%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93