Cushman & Wakefield Represents Mindful Capital In $34M Sale Of Broward County Industrial Park
Cushman & Wakefield advised Mindful Capital in the $34 million disposition of Oakland Park Commerce Center in Oakland Park.
Cushman & Wakefield’s Greg Miller, Dominic Montazemi, Scott O’Donnell, Mike Ciadella and Miguel Alcivar represented Mindful Capital in the transaction with NorthBridge.
Located at 3600 NE 4th Ave., Oakland Park Commerce Center is a seven-building, 144,874-square-foot infill industrial park featuring bay sizes ranging from 3,600 square feet to 18,000 square feet. The property offers dock-high and grade-level loading within each suite, providing market-differentiating functionality.
Constructed between 1972 and 1985, the portfolio is centrally located in Broward County with immediate access to Interstate 95. The property benefits from exceptional regional connectivity to Fort Lauderdale-Hollywood International Airport, Port Everglades and the broader South Florida tri-county industrial network.
“Oakland Park Commerce Center provides immediate light industrial scale in one of the country’s premier infill markets and is strategically situated near crucial economic catalysts. Its location east of Interstate 95 allows the property to efficiently service high-density, last-mile rooftops and neighborhoods along Broward County’s coastline,” said Miller, Cushman & Wakefield Director. “Additionally, with pre-demised spaces that accommodate the bulk of industrial tenant demand within the tri-county region, NorthBridge is acquiring an attractive portfolio with compelling value-add dynamics.”
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