The sale ranks among the largest industrial transactions on record in Martin County, signaling significant market expansion and growing interest from both institutional and private investors.
The full project is planned for 1.5 million square feet of industrial space on an 87-acre site.
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The 2.77-acre site currently includes about 18,740 square feet of aging industrial space.
Situated on Dixie Highway in Pompano Beach, Airpark Commerce Center comprises two buildings spanning 1.5 acres. The facility features an average suite size of under 2,000 square feet, making it an attractive option for small tenants.
The property totals 11,240 square feet and includes five bays with grade-level loading.
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The property is situated on a 0.26-acre site and includes outside storage.
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The development plans include building an additional 392,000 square feet for a total of three planned state-of-the-art industrial buildings.