The Butters Realty & Management Industrial Brokerage Team of JC Conte, SIOR and Brian T. Ahearn, CCIM represented the interest of Challenge Warehousing, Inc. in the transaction. Tom O’Loughlin and Larry Genet with CBRE represented the Landlord, Link Logistics.
Larry Genet, Tom O’Loughlin and Christina Searles with CBRE represented both the buyer and seller in the transaction.
Larry Genet and Tom O’Loughlin with CBRE represented Industrial Outdoor Ventures in both the purchase and lease of the property.
Larry Genet and Tom O’Loughlin with CBRE represented the seller in the transaction.
CBRE’s Mike Oretsky, Tom O’Loughlin, and Larry Genet and Berger Commercial’s Jonathan Thiel and Keith Graves represented the tenants in the lease deals.
Prologis has approximately 2,855,360 square feet in Southern Broward County. This final deal brings the park to 100% occupancy and reporting record rents.
The tenant, a major wholesaler and distributor of Asian food products, will be relocating and expanding from its current location at 1728 Park Central Blvd S. in Pompano Beach, where it currently occupies 32,954 square feet.
This is the third acquisition IOV has made in Florida in the last 24 months.
The site is DRC approved for a state-of-the-art, 97-stall truck parking lot featuring a 53’ semi turning radius.
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.