Broward County Eyeing 27-Acre USPS Site For $18 Million
CBRE’s Tom O’Loughlin and Larry Genet were tapped to market the property in February. CLICK ON THE HEADLINE FOR MORE
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CBRE’s Tom O’Loughlin and Larry Genet were tapped to market the property in February. CLICK ON THE HEADLINE FOR MORE
Harry Tangalakis, Tom O’Loughlin and Larry Genet represented the tenant in lease deal, which will be the first tenant to occupy the facility. CLICK ON THE HEADLINE FOR MORE
CBRE’s Harry Tangalakis, Larry Genet and Tom O’Loughlin provided exclusive representation to the landlord. CLICK ON THE HEADLINE FOR MORE
The annual celebration, which acknowledges excellence throughout the South Florida commercial real estate (CRE) industry, will be held Thursday, March 14th, at the Seminole Hardrock Hotel & Casino Hollywood from 5:00 to 9:30 p.m.
The CBRE team has been retained to handle leasing for the property. Built in 1999, the single-story building features 24-foot clearance and three dock-high doors as well as a ramp.
The purchase represents the expansion of the companies’ manufacturing facility from an 18,000-square-foot location in Fort Lauderdale to more than double the space at the new site in Pompano Beach.
“As Port Everglades Distribution Center was nearing completion, Challenge Warehousing initially agreed to terms to lease half of the new building. Within one month of leasing 41,099 square feet, Challenge won some new customers and they quickly decided to lease the entire building,” explained Conte.
This is the third acquisition IOV has made in Florida in the last 24 months.
This newest lease brings Bridge Point Commerce Center Phase I, totaling 1.1 million square feet of Class-A industrial space, to 97 percent leased.
Bridge Industrial had the property rezoned and subsequently built two Class A industrial Building for a total of ±174,129 SF.