Hersh Equity Group Sells Industrial Asset At 1800 Northwest 29th Street For $7M

This industrial asset, located at 1800 Northwest 29th Street in Oakland Park, features a sale price of $7,000,000. The property encompasses 30,000 square feet and reflects a price per square foot of $233. The recent transaction occurred just 13 months after its initial acquisition by the seller group, which successfully completed a comprehensive renovation to achieve full stabilization.

Hersh Equity Group executed this transaction through a series of strategic upgrades, including cosmetic enhancements and a newly engineered roof. This sale marks the third full-cycle execution for the firm, which is actively looking to deploy capital under a 1031 exchange and continues to scale across Florida with strong capital partners.