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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 Cove will rise on the site of a former hotel property, delivering 376 residential units in an eight-story building with structured parking.
The freestanding building was previously home to Stout Bar & Grill.
Originally built in 2002 and renovated in 2025, UNO South Pointe is one of the few ‘Super-Class A’ office properties in the South of Fifth neighborhood.
The company maintains a global corporate presence, with Switzerland and Australia continuing to serve as important business hubs following the opening of the Miami headquarters.
The seven-story Class A facility near I-95 was approximately 67% occupied at the time of the transaction.
He brings more than 15 years of experience advising occupiers, investors, and property owners across the industrial, office, and retail sectors, with expertise spanning tenant representation, site selection, and investment sales.
SROA will continue its strategy of seeking to acquire under-managed and undercapitalized portfolios and individual assets with significant net operating income (“NOI”) growth potential.
The transaction combines $140 million in equity with $203 million in senior financing provided by Corebridge Financial and arranged by JLL with equity arranged by JTP Capital.
Waste Connections acquired the 12-acre industrial outdoor storage property from CenterPoint Properties, gaining a strategically located facility with 370 truck parking spaces near Interstate 95 and Florida’s Turnpike.
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