Industrial Outdoor Ventures Secures First Tenant For Davie Industrial Center

Industrial Outdoor Ventures, a leading investor and owner of industrial outdoor storage properties across the country, has completed a lease transaction for the first of two speculative modern, high-cube industrial and service facility buildings at Davie Industrial Center, located at 3055 Burris Road in Davie.

Doka, USA has leased the 9-acre, 42,866-square-foot service building portion of the new development. The facility will serve as one of Doka’s South Florida regional offices and include warehousing, storage and maintenance of construction equipment, including formwork and scaffolding. Doka expects to be fully operational in the building in early April, after completing the build-out of its office space.

“This is an important milestone for IOV and our Davie project,” said Eric Johnson, Senior Vice President of Development and Acquisitions, Industrial Outdoor Ventures. “Executing a lease with an established national and internationally known tenant like Doka reinforces the view that our well-located, Class A development suits the needs of prominent, high-profile, credit worthy tenants.”

The service building features 24’ clear ceilings, 36 grade-level doors and 18 drive-thru service bays. The 9-acre lot has the capacity to park 115 truck trailers. The office space, which is being expanded from the original design specifications, is being designed to meet the specific operational requirements of the firm.

“We are thrilled to be realizing the vision we established for this property,” said Tom Barbera, CEO, Industrial Outdoor Ventures. “Davie Industrial Center is setting a new standard for the IOS sector and will serve the dynamic South Florida industrial community for a long time to come.”

The aditional components to the Davie Industrial Center development include:

• Distribution Building—this modern distribution building will total 184,957 square feet. It can be leased to a single user but is also divisible to approximately 60,000 square feet. The building features 36’ clear ceiling height, 51 exterior docks and 4 drive-in-doors. The office space is to suit the needs of the tenant(s) and could range from 5,000 square feet for divisible units up to 12,000 square feet for a single user.

Progress continues to be made to the construction of the distribution building. The steel structure is erect and tilt-up walls are in place. The roof will be installed shortly. IOV anticipates the completion of the distribution building at the end of the first quarter.

• Outdoor Storage (12.64 Acres)—the remainder of the site is designated for outdoor storage and trailer parking. The 12.64 acres can be divided and leased in 2-acre increments. The paving of the site and storage yard area has been completed.

Larry Genet and Tom O’Loughlin with CBRE represented IOV in the lease transaction and are the exclusive representatives for the property and are positioning the development’s ability to meet the needs of e-commerce, distribution, corporate headquarters or manufacturing operations with heavy parking requirements.

“Davie Industrial Center provides users with tremendous flexibility for large-scale truck parking, laydown yards, and/or other IOS-type uses,” Johnson added. “The property combines the benefits of a Class A Bulk Distribution Building and unlimited outside storage options at scale.”

The prominent in-fill development offers tremendous location and access benefits. The high-visibility site is between I-95 and the Florida Turnpike just south of I-595 with immediate access to all major highways. Located in a qualified HUBZone, the site is within close proximity to Ft. Lauderdale Airport, Port Everglades, Miami Airport and both downtown Ft. Lauderdale and Miami.

IOV acquired the site in 2021 and for approximately one year operated the property as a travel park.