Dov Hertz Offloads Major Staten Island Industrial Site for $167M
A 53-acre industrial outdoor storage (IOS) parcel on Staten Island just changed hands for $167 million. Real estate investment firm Jadian Capital acquired the property at 1900 and 1800 South Avenue, located on the island’s west shore, from Dov Hertz’s Kadima Industrial…
A 53-acre industrial outdoor storage (IOS) parcel on Staten Island just changed hands for $167 million. Real estate investment firm Jadian Capital acquired the property at 1900 and 1800 South Avenue, located on the island’s west shore, from Dov Hertz’s Kadima Industrial…
BELLINGS Intelligence Score: 12
Why it matters
This is a routine commercial real estate transaction involving a significant but not market-moving property sale, with limited broader implications for credit markets or underwriting standards.
Sources
Commercial Observer
Dov Hertz Offloads Major Staten Island Industrial Site for $167M
A 53-acre industrial outdoor storage (IOS) parcel on Staten Island just changed hands for $167 million. Real estate investment firm Jadian Capital acquired the property at 1900 and 1800 South Avenue, located on the island’s west shore, from Dov Hertz’s Kadima Industrial…