Mindful Capital And Hersh Equity Group Acquire Industrial Property In Holly Hill For $6.5M

The industrial property located at 1516 State Avenue in Holly Hill has been sold. The property spans 73,050 square feet and was sold for a total price of $6,500,000, resulting in a price per square foot of $89.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $6,500,000
• Address: 1516 State Avenue
• Market: Holly Hill

The buyers involved in the transaction were Mindful Capital represented by Pat Carney, Jeffrey Pechter, Juda Hersh, Corey Schwartz, and Hersh Equity Group represented by Juda Hersh and Corey Schwartz. The seller of the property was Patrik Franceschi. The buyers were represented by Michael Lewin and Adam Steinlauf from Katalyst Real Estate & Development.