Shane Decker Peleg Amzalag And Aaron Werbel Acquire Industrial Portfolio In Vero Beach Daytona Beach For $50.4M

Decker Capital, in partnership with Viking Partners, has completed an off-market acquisition of a significant portfolio comprising 30 buildings that totals 400,000 square feet. The transaction involves multiple properties located at 670 8th Court, 1516 State Avenue, 456 Lpga Boulevard, and 640 Oak Place, situated within the Vero Beach and Daytona Beach markets in Florida. The total sale price for this industrial asset was $50,400,000, and it translates to a price per square foot of $123.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $50,400,000
• Total Square Footage: 408,000
• Price Per Square Foot: $123
• Address: 670 8th Court, 1516 State Avenue, 456 Lpga Boulevard & 640 Oak Place
• Market: Vero Beach & Daytona Beach
• Buyers: Shane Decker, Peleg Amzalag & Aaron Werbel

Decker Capital, led by CEO Shane Decker, has positioned its partnership as the largest owner of small-bay light industrial parks in both key Florida markets. Partner and COO Peleg Amzalag is actively seeking new acquisition opportunities throughout Florida and the broader Southeast, indicating a robust strategy for future growth in industrial assets.