The industrial asset located at 2100 Southwest 59th Terrace in the West Park market has been sold for a transaction amount of $47,250,000. The property encompasses a total of 229,000 square feet with a price per square foot of $206.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $47,250,000
• Buyer: Juda Hersh - Hersh Equity Group
• Seller: Wilson Bridges - Interstate Development Limited Partnership
• Seller's Representative: Jordan Beck - Berger Commercial Realty
• Date of Transaction: 07/15/2025

Jordan Beck has been involved in the transaction after four years of relationship building, representing the seller in the facilitation of this disposition. The sale marks a significant expansion for Hersh Equity Group in South Florida, as the buyer plans to stabilize rents and maintain long-term ownership of the property. The seller has held the property since it was just land in the 1970s, wherein they constructed the facilities and leased them over nearly fifty years.