Harrison Haber & Baron Davis Of TerraCap Management Acquire 70,927 SF Industrial Asset In Boca Raton
1141 South Rogers Circle
Building Size
70,927 SF
Asset Type
Industrial
Closing
Jun 3, 2026
AI
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
Boca Raton Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93