One tenant was represented by Tom O’Loughlin of CBRE, and the other was represented by Steve Medwin and Nick Wigoda of Newmark Southern Region LLC. Peter “PJ” Apol and Ryan Goggins represented Sunbeam Properties & Development in both deals.
The deal includes three warehouses totaling approximately 458,000 square feet.
Mike Davis, Dominic Montazemi, Rick Brugge, Rick Colon, and Greg Miller of Cushman & Wakefield represented the seller, Midtown Group, in the transaction. The building was acquired by NorthBridge. Rick Etner, Matthew McAllister, Christopher Thomson, and Chris Metzger of Cushman & Wakefield’s South Florida Industrial Team also supported the sale process.
The investment firm plans to acquire an additional two to four properties this year.
Adam P. Von Romer, CCIM represented both parties in the transaction.
The Class A logistics campus will feature two state-of-the-art buildings totaling more than 182,000 square feet. Construction is anticipated to be completed in the first quarter of 2026.
The buildings feature 24’ clear ceilings in the warehouse, 10 exterior dock-high loading doors, a backup generator and 100% air-conditioning in the warehouse.
The acquisition comprises a single commercial building situated on 3.27 acres of land. The facility features multiple access points and excellent visibility along its expansive frontage on Powerline Road, making it an attractive option for a variety of tenants.
The financing will fund construction for the new, Class A logistics facility in Davie, Florida on the 11.3-acre site formerly home to an events and catering space.
Native has more than tripled its number of brokers in the past year. The firm is actively interviewing senior commercial real estate brokers in Broward and Palm Beach counties.