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Asset Summary

Acquisition Date Q3 2023
Size 224,560 SQ FT
Property Type Industrial
Deal Profile Fund IV, Acquisition
Investment Profile Opportunistic
Deal Source On Market

Class A, 224,560 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 property 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. Delivered in 2018, the Class A rear-load, multi-tenant warehouse is currently demised into three suites and includes 32’ clear heights and a 125’ truck court. The business plan includes repositioning two of the building’s three suites. Once completed, the building will be uniquely positioned to serve north Miami manufacturing, distribution, and industrial services companies as well as the growing households in the area.

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 A

Building size 224,560 SF
Space available Suite A: ±85,818 SF Suite B: ±64,717 SF Suite C: ±74,025 SF
Availability Delivered - Available Now
Office Suite A: ±3,380 SF with ±708-SF shop/shipping office Suite B: ±2,260 SF Suite C: Build-to-suit
Warehouse lighting LED
Electrical service 1,600 amp 3-phase 480 volt electric service; 1,000 additional amps available at transformer
Dock-high positions Suite A: 20 dock doors Suite B: 14 dock doors + 1 oversized dock Suite C: 20 dock doors
Drive-in ramps Suite A: 1 drive-in ramp Suite B: none Suite C: 1 drive-in ramp
Load type Rear-load
Construction Tilt walls
Building depth 225'
Column spacing 55' x 56'
Speed bay 60'
Clear height 32'
Fire suppression ESFR

Truck Court

Truck court depth 125'
Auto parking 250 spaces
Zoning PID

For leasing information, contact the experts:

Christopher Thomson

VC, CushWake

561 301 2390

email

Matthew McAllister

MD, CushWake

561 901 5216

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.