Jarret Cohen Of Jadian Capital Acquires 53-Acre Industrial Site From Dov Hertz For $167M

The transaction involved a 53-acre industrial outdoor storage site located at 1900 and 1800 South Avenue in Staten Island. The site was sold for $167 million, marking a significant event in the market as it represents the largest industrial outdoor storage sale in New York City history.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $167,000,000
• Buyer: Jarret Cohen - Jadian Capital
• Seller: Dov Hertz - DH Property Holdings
• Broker: Kyle Schmidt - Cushman & Wakefield
• Market: Staten Island
• Acres: 53

Jarret Cohen represented Jadian Capital in the acquisition. Dov Hertz was involved in the sale through his company DH Property Holdings. Kyle Schmidt, as the broker, facilitated the transaction for both parties, providing expertise in the industrial property market.