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Harrison Haber & Baron Davis Of TerraCap Management Acquire 70,927 SF Industrial Asset In Boca Raton

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SOLD

Florida

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Industrial70,927 SF
Sold 06/04/2026
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SOLD

Harrison Haber & Baron Davis Of TerraCap Management Acquire 70,927 SF Industrial Asset In Boca Raton

1141 South Rogers Circle

See Similar Deals
Industrial70,927 SF
Sold 06/04/2026
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Summary

FLORIDA
Asset Type:Industrial
Total Square Footage:70,927 SF
Transaction Type:Sale

The property asset involved in the transaction is an industrial facility located at 1141 South Rogers Circle in Boca Raton, featuring a total square footage of 70,927. The asset was sold in a deal that highlights the growing interest in industrial properties within this market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 1141 South Rogers Circle
  • Market: Boca Raton
  • Seller: Mark Gensheimer - Penn-Florida Companies
  • Buyer: Harrison Haber & Baron Davis - TerraCap Management
  • Buyer's Representative: Mark Faeth - LRM CREA

The transaction has notable individuals and companies involved, with Mark Gensheimer representing Penn-Florida Companies in the sale, while the buyers, Harrison Haber and Baron Davis, are affiliated with TerraCap Management. Mark Faeth acted as the representative for the buyers during this transaction, showcasing a collaboration among established professionals in the real estate sector.

Players

Mark Faeth
13 deals$47.6M volume
BROKER

TerraCap Management
BUYER

Details

SOLD
IMAGE: Mark Gensheimer, Mark Faeth, Harrison Haber & Baron Davis DATE: 06/05/2026 ADDRESS: 1141 South Rogers Circle MARKET: Boca Raton ASSET TYPE: Industrial ~ SF: 70,927 BUYER: Harrison Haber & Baron Davis - TerraCap Management SELLER: Mark Gensheimer - Penn-Florida Companies BUYER'S REP: Mark Faeth (@MarkFaeth) - LRM CREA (@LRMAdvisors)

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$799,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$53,291.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$71,107.65
Annual Debt Service$853,291.83