Hersh Equity Group Acquires Industrial Asset At 3273 Lake Worth Road For $6.575M

The property involved in this transaction is an industrial asset located at 3273 Lake Worth Road, in the Lake Worth market. The sale price of the property was $6,575,000, encompassing a total square footage of 38,602, resulting in a price per square foot of $170.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $6,575,000
• Square Footage: 38,602
• Price per Square Foot: $170
• Buyer: Juda Hersh, Corey Schwartz, Steven Ginsberg, Jake Stauber & Bailey - Hersh Equity Group
• Seller: Debra K. Nissley
• Date of Transaction: 03/03/2026

This transaction was facilitated through a long-standing relationship between the buyer and seller, which involved nearly four years of communication and engagement. The closing coincided with the holiday of Purim, which the buyer noted as a meaningful aspect of the deal. The property is also strategically located within a 10-minute drive of the buyer's headquarters, enabling close management of the asset.