Updated May 29, 2026
Shane Decker And Peleg Amzalag Of Decker Capital Acquire Industrial Park In North Miami Beach For $13.5M
2261 Northeast 164th Street
$13,500,000
$350/SF
Building Size
38,500 SF
Asset Type
Industrial
Closing
May 17, 2026
About this deal
AI
The industrial asset sold is situated at 2261 Northeast 164th Street in North Miami Beach. The transaction involved a sale price of $13,500,000 for a 38,500 square foot building, which translates to a price per square foot of $350. The property consists of 14 units and is located at a significant intersection in Miami, known for its busy traffic flow.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $13,500,000
- Square Footage: 38,500
- Price per Square Foot: $350
- Buyer: Shane Decker & Peleg Amzalag - Decker Capital
- Seller: Isaac Toledano & Liat Toledano - BH Group
- Broker: Kameron Djamal
- Date of Transaction: 05/18/2026
The buyers, Shane Decker and Peleg Amzalag from Decker Capital, have expressed intentions to transform the property into a destination catering to various users, including car storage, art dealers, showrooms, man caves, and boutique fitness spaces. The sellers, Isaac Toledano and Liat Toledano of BH Group, have divested a notable asset in a market characterized by high demand for small-bay industrial properties.
Players
North Miami Beach Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93