EML Realty Partners Announces Acquisition Of Industrial Outdoor Storage Facility
The eight-acre, 348,480-square-foot property is fully occupied by national tenants The CDL Schools and Park My Fleet.
The eight-acre, 348,480-square-foot property is fully occupied by national tenants The CDL Schools and Park My Fleet.
“This area has experienced some of the fastest growth in the country, with downtown Fort Lauderdale’s population surging by more than 35% in the last four years and Flagler Village’s residential base more than doubling over the past decade.”
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Currently 80% occupied by a mix of retail and industrial tenants, the 104,000-square-foot portfolio spans three contiguous properties.
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Bridge Industrial has commenced preliminary site preparations at the property with delivery anticipated in the first quarter of 2027.
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The exclusive leasing team for the project, JLL’s Sky Groden, SIOR; Ken Morris, SIOR; and Jeremy Cain, represented Bridge Industrial in the lease transaction. The tenant was represented by Rick Etner and Nicolas Reid of Cushman & Wakefield.
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Read on for the most popular news headlines this past week on CRE-sources.
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