Dalfen Industrial Accelerates Southeast Expansion With Fort Lauderdale Portfolio Acquisition
Acquired at 55% replacement cost, the Broward Logistics Portfolio is currently 83% leased to nine tenants.
Acquired at 55% replacement cost, the Broward Logistics Portfolio is currently 83% leased to nine tenants.
CBRE’s Robert Smith and Kirk Nelson represented the buyer, SL Acquisitions LLC, a Silverman Group Company, in the transaction and will handle leasing efforts under the new ownership.
The property was 100% occupied at the time of the sale.
The portfolio totals nearly 300,000 square feet and is over 90% occupied.
A county-owned site in northwest Miami-Dade could be transformed into a large-scale development combining warehouse space, affordable housing, retail, restaurants and recreational amenities.
The lease brings Powerline Commerce Center to full occupancy, underscoring continued demand for well-located industrial space in Broward County.
The company, which distributes engine components and supports aviation supply chains, is relocating from Pompano Beach.
The facility is a 100% climate-controlled, 4-story self-storage building consisting of approximately 1,116 storage units or 100,250 rentable square feet inclusive of 2,420 square-foot freestanding commercial space.
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The site has long attracted developer interest because of its scale, location and proximity to transit.
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