Dalfen Industrial Accelerates Southeast Expansion With Fort Lauderdale Portfolio Acquisition
Acquired at 55% replacement cost, the Broward Logistics Portfolio is currently 83% leased to nine tenants.
Acquired at 55% replacement cost, the Broward Logistics Portfolio is currently 83% leased to nine tenants.
Andrew Lehrer and Wayne Schuchts with SRS Real Estate Partners, along with Denise Chaimovitz, MA, SIOR of Entre Commercial, represented Setna in the lease negotiations. Devin White, Tom O’Loughlin, and David Albert with CBRE represented the landlord, Dalfen Industrial.
The transaction adds a fully leased property to Dalfen’s growing portfolio.
Wayne Ramoski, Skylar Stein, and Ivanna Leitner Perez of Cushman & Wakefield represented Dalfen Industrial in the lease negotiations.
The warehouses total 102,038 square feet.
Dalfen Industrial paid $25,294,000 for the property in July 2020.
Kirk Nelson, Robert Smith, and Jeff Kelly with CBRE Industrial & Logistics represented the developer, Dalfen Industrial, in lease negotiations.
The lease marks the largest industrial lease signed in Palm Beach County in 2023.
C&W’s Wayne Ramoski and Skylar Stein will oversee leasing efforts.
The firm, led by CEO Malcolm Butters, has been involved in developing industrial projects totaling 5 million square feet with a value of over $1 billion.
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