Senior Vice President Jordan Beck of Berger Commercial Realty has successfully brokered the $47,250,000 sale of a 228,000-square-foot industrial portfolio in West Park, Florida.
The transaction, which closed on July 14, 2025, represents a strategic acquisition for the buyer, Hersh Equity Group, a private real estate investment firm. Hersh Equity Group plans to stabilize rents and enhance operational performance, significantly expanding their industrial footprint in the South Florida market.
Portfolio Highlights
The portfolio spans over nine acres across three tax parcels and includes six buildings strategically located at:
- 5901–5981 SW 21st Street, West Park – 56,200 SF
- 5801–5897 SW 21st Street, West Park – 70,815 SF
- 2100–2251 SW 59th Avenue, West Park – 101,493 SF
The seller, Interstate Development Limited Partnership, has privately held the property since the 1970s. Over nearly five decades, they acquired the land, developed the property, and consistently leased and managed it—demonstrating a rare level of long-term vision and stewardship in South Florida’s industrial market.
Beck represented the seller in this off-market transaction, which came to fruition after three years of consistent follow-up and relationship-building. Beck’s persistence and in-depth market knowledge were instrumental in aligning the right buyer and seller for a smooth and successful closing.
“This was a significant transaction,” said Beck. “Representing a long-term owner and delivering the right buyer in a complex, off-market deal reflects the value of experience and persistence.”
The acquisition reinforces strong investor interest in South Florida’s industrial sector, where strategic assets continue to attract targeted capital.