Brett Schlacter, Shane Decker & Juda Hersh Acquire Margate Industrial Portfolio For $6.5M

An industrial property in Margate has been sold for a price of $6,500,000. The property, located at 1926-1948 Northwest 54th Avenue, 1900 Mears Parkway, 1846 - 1948 Northwest 54th Avenue & 1951 - 2005 Northwest 54th Avenue, spans approximately 50,000 square feet. The price per square foot is estimated to be $130.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $6,500,000
• Address: 1926-1948 Northwest 54th Avenue, 1900 Mears Parkway, 1846 - 1948 Northwest 54th Avenue & 1951 - 2005 Northwest 54th Avenue, Margate
• Market: Margate

In this deal, the property was purchased by Brett Schlacter, Shane Decker, and Juda Hersh. The seller of the property is Tom Rispoli. This acquisition adds to the growing portfolio of the Infinity crew and Hersh Equity Group. It is the 6th deal in 2021 for the Infinity crew and the 2nd for Hersh Equity Group. Infinity Properties is currently seeking acquisition professionals to further expand their firm. For any interested individuals, please contact Shane Decker at [email protected] or 305.988.8333.