The Sunrise deal adds to a series of major industrial transactions completed across Broward County so far in 2026. By late June, industrial sales volume in the county had surpassed $1 billion, reflecting continued investor demand for logistics and warehouse assets throughout the region.
The logistics project is expected to break ground later this year.
“This is truly a full-circle moment for me,” said Rodriguez. “To think I was part of the original industrial team that helped with the land assemblage, marketing, and leasing of Kurv’s first Miami-Dade assets more than a decade ago, to now leading the firm’s Miami market, I feel like I’ve come home.”
The sale marks a nearly 490% gain in value over 14 years. The property last sold in 2012 for $3.9 million.
The new Weston location is near the company’s existing 64,000-square-foot headquarters in Miramar.
The expansion brings Garmin’s total footprint within the Park to approximately 364,606 square feet.
The property is currently 100% occupied by two tenants.
The purchase price works out to roughly $308 per square foot.
Acquired at 55% replacement cost, the Broward Logistics Portfolio is currently 83% leased to nine tenants.
The portfolio totals nearly 300,000 square feet and is over 90% occupied.