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.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $7,000,000
• Selling Parties: Steven Ginsberg, Jake Stauber, Corey Schwartz, and Juda Hersh - Hersh Equity Group
• Broker: Greg Miller - Cushman & Wakefield
• Date of Sale: 08/29/2025
• Square Footage: 30,000
• Price Per Square Foot: $233

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.