Charlie Ansanelli Of Rockstack Capital Acquires Industrial Asset In Margate For $6.05M

The property asset involved in the transaction is an industrial space located at 5601–5621 Northwest 8th Street in Margate. The sale price for this asset was $6,050,000, encompassing a total square footage of 21,610. This results in a price per square foot of $279.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $6,050,000
• Buyer: Charlie Ansanelli - Rockstack Capital
• Seller: Dan Abrahams, Oniel Samuel, Shai Moschowits & Lior Cohen
• Brokers: Tyler Kuhlman, Luke Hansen & C'jon Armstead - CBRE
• Date of Sale: 03/24/2026

The transaction was notable for setting a new pricing benchmark for small-bay industrial in the market, as indicated by a comment from Tyler Kuhlman of CBRE Capital Markets. This sale establishes a record pricing of nearly $300 per square foot for this type of multi-tenant product in the submarket.