Cushman & Wakefield Represents Elion Partners In $55.4M Sale Of Two-Building Broward Industrial Portfolio
The portfolio totals more than 221,000 square feet.
The portfolio totals more than 221,000 square feet.
South Florida commercial real estate’s top talent and transformative projects honored during signature event. Manny De Zarraga received the Lifetime Achievement Award.
Mike Davis, Dominic Montazemi, Rick Brugge, Rick Colon, and Greg Miller of Cushman & Wakefield represented the seller, Midtown Group, in the transaction. The building was acquired by NorthBridge. Rick Etner, Matthew McAllister, Christopher Thomson, and Chris Metzger of Cushman & Wakefield’s South Florida Industrial Team also supported the sale process.
The new development is slated to become one of the first infill logistics projects located along US 441.
15430 Corporate Road North features 40’ clear heights, 60’ speed bays, 43 dock high doors, 2 drive-in doors and 136’ truck courts. The property also offers ample surface parking, including 26 trailer parking spaces.
The facility was sold by Elion Partners and acquired by Link Logistics.
The Class A industrial portfolio is comprised of three buildings totaling 197,608 square feet.
Chris Metzger, Rick Etner Jr., and Christopher Thomson of Cushman & Wakefield’s South Florida Industrial Team represented Prologis and collaborated with their Leasing Manager Ashley McMullen in the lease negotiations for both deals.
The building is available for immediate occupancy and features 3,800 square feet of office space, 36-foot clear heights, 48 dock doors, two drive-in doors, 60 trailer parking spaces and ample automobile parking spaces and outdoor storage facilities.
Cushman & Wakefield’s South Florida Industrial Team represented the landlord in the lease negotiations. Matthew G. McAllister served as Cushman & Wakefield’s lead broker and worked with partners Chris Metzger, Rick Etner, and Christopher Thomson. The tenant was represented by Alex Bernaldo of America’s Commercial Real Estate.
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