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

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SOLD
$6,575,000

Florida

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Industrial38,602 SF
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Hersh Equity Group Acquires Industrial Asset At 3273 Lake Worth Road For $6.575M

3273 Lake Worth Road

See Similar Deals
Industrial38,602 SF
Sold
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$170
Total Square Footage:38602 SF
Transaction Type:Sale

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.

Players

Corey Schwartz
4 deals$19.2M volume
BUYER

Juda Hersh
Hersh Equity Group
15 deals$128.9M volume
BUYER

Hersh Equity Group
BUYER

Bailey Sousa
Hersh Equity Group
2 deals$6.6M volume
BUYER

Details

SOLD
IMAGE: Steven Ginsberg, Corey Schwartz, Juda Hersh, Bailey & Jake Stauber DATE: 03/03/2026 ADDRESS: 3273 Lake Worth Road MARKET: Lake Worth ASSET TYPE: Industrial BUYER: Juda Hersh (@FlWareHouseGuy), Corey Schwartz (@C3po_6), Steven Ginsberg (@Steven_Ginsberg), Jake Stauber (@JakeyStaubs18) & Bailey - Hersh Equity Group (@HershEquity) SELLER: Debra K. Nissley SALE PRICE: $6,575,000 SF: 38,602 ~ PPSF: $170 NOTE FROM BUYER: HEG acquires another off-market small-bay industrial asset in South Florida, pushing our portfolio beyond 1M square feet. This transaction came from a long-standing buyer/seller relationship that took nearly four years of staying in touch and working the opportunity before finally coming together. Even more fitting, we closed on the holiday of Purim, which we’re taking as a sign of good luck. The property is also located within a 10-minute drive of our HQ office, allowing us to stay highly engaged with the asset and continue focusing on the small-bay industrial sector we know best. We are grateful to continue growing our footprint in the South Florida small-bay industrial market. If you would like to connect about future opportunities, feel free to email us at: [email protected]

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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