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.