DoveHill Closes On Its Second Industrial Property In Pompano Beach In Off-Market Deal
The investment firm plans to acquire an additional two to four properties this year.
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.
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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 company plans to develop a 15.2 MW state-of-the-art data center facility at the site, which is strategically located at the intersection of NW 6th Street and 137th Avenue. The new AI-ready, multi-tenant facility is designed to meet high-density computing demands and is scheduled to commence operations by the end 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 building features 24’ clear span heights, a 335’ building depth, 49 loading positions, and 95’ to 150’ truck court depths.
Read on for the most popular news headlines this past week on CRE-sources.
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.
Colliers Executive Vice President Scott Weprin represented the tenant in the lease transaction, while CBRE represented the landlord, Prologis, in the negotiations.
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