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Asset Summary

Acquisition Date Q3 2023
Size 281,145 SQ FT
Property Type Industrial
Deal Profile Fund IV, Development
Investment Profile Opportunistic
Deal Source On Market

To-be-developed Class A, 281,145 SF multi-tenant warehouse building in Pembroke Pines, FL. Located north of Miami, FL in Broward County (the second most populous area in Florida), the site is easily accessible to Florida’s three primary north/south freeways – I-75 (8 minutes), Florida’s Turnpike (28 minutes), and I-95 (32 minutes). Significant geographic constraints including the Atlantic Ocean to the east, the Everglades to the west, and wetlands throughout have contributed to the region’s extreme lack of industrial supply. The to-be-constructed building will be a Class A rear-load, multi-tenant warehouse with 36’ clear heights and a 180’ truck court with space available for trailer parking. Once completed, the project will be uniquely positioned to serve north Miami manufacturing, distribution, and industrial services companies as well as the growing households in the area. Summit anticipates starting construction on Building C Q1 2024 and delivering the building Q4 2024.

South Florida Distribution Center is comprised of two buildings (Bldgs. A & B) and an adjacent 23.2-acre industrial site. In Q3 2023, Summit’s Arrowrock US Industrial Fund IV acquired Building A and the adjacent site where Building C will be constructed.

Building C

Building size 281,145 SF
Site area ±13.77 acres
Space available ±100,000 - 281,145 SF
Availability Q4 2024
Office Built to suit
Warehouse lighting LED
Fiber Fiber optic availability to site
Electrical service Minimum 2,200 amps 3-phase electric service; (3) 600-amp panels; (1) 400-amp house panel
Dock-high positions 57 doors
Drive-in ramps 2 drive-in doors with ramps
Load type Rear-load
Construction Concrete tilt-wall with steel columns
Building depth 275'
Column spacing 53’9” (d) x 56’ (w)
Speed bay 60'
Clear height 36'
Fire suppression ESFR
Roof TPO roof membrane; R-15

Truck Court

Truck court depth 185'
Auto parking 181 spaces
Trailer parking 69 spaces

For leasing information, contact the experts:

Matthew McAllister

MD, CushWake

561 901 5216

email

Christopher Thomson

VC, CushWake

561 301 2390

email

Contact the Leasing Team Schedule a Tour

Photos

Location

Info 1

Cities

Miami 24 Miles Orlando 200 Miles Tampa 240 Miles

Info 3

Rail

CSX Intermodal Fort Pierce 120 Miles CSX Intermodal Winter Haven 180 Miles CSX Intermodal Tampa 249 Miles

Info 4

Major Roadways

Interstate 27 ​ ±2 minutes Interstate 75 ±9 minutes Interstate 595 ±22 minutes Florida Turnpike ±23 minutes

Info 5

Airports

Miami Int’l Airport ±28 miles Fort Lauderdale Int’l Airport ​ ±25 miles Orlando Int’l Airport ​ ​ ​ ± 225 Miles

Information herein has been obtained from sources deemed reliable; however, its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification.