2019 Industrial Market Report - Broward County

2018-CURRENT BUILDING SALES BUILDING SALES

Bldg SF / Acrage Sales Price Closing Date

Buyer / Location

Location

City

$2,460,000 ($150.46PSF)

CR Newport Center LLC / MicrimUSA, LLC

1

1191-1199 W Newport Center Dr Deerfield Beach 16,350 SF

08/2019

15701 SW 29th Street 11600 Miramar Parkway 11650 Miramar Parkway 11740 Miramar Parkway 2501 SW 160th Avenue

263,057 SF 186,011 SF 62,008 SF 40,896 SF 55,574 SF

$116,500,000 ($191.75 PSF)

2 Stockbridge / IDI Logistics

Miramar

08/2019

Health Services Inc (HCA) / G&P Enterprises and Health Communications BJM, LLC / A.L. Garey & Associates, Inc. ASB Capital Management / Bridge Riverbend Cabot Properties / Clarion Partners Weston Park of Commerce Bridge Development Partners/ Sherm Realty Corp Brookfield Property Partners / Ivy Capital Partners Gateway Property Holdings / SCC Holdings, LLC Stockbridge Capital Group / Industrial Development Company Exeter Property Group / Unity Real Estate Investments First Industrial Realty Trust / HS-Pompano FL LLC Pompano Cold Storage / Twin Rose Cold Storage CenterPoint Properties / CF Grocery Distribution Prop Mindful Capital group / Deerfield Management Limited Partnership

3201 SW 15th Street 3131 SW 15th Street

84,351 SF 19,600 SF

$12,900,000 ($124.09 PSF) $4,900,000 ($129.06 PSF) $38,220,000 ($172.30 PSF) $63,050,000 ($143.00 PSF) $38,000,000 ($124.82 PSF) $6,030,000 ($124.79 PSF) $36,300,000 ($146.96 PSF) $3,110,000 ($68.40 PSF) $62,250,000 ($140.00 PSF) $15,750,000 ($136.00 PSF) $8,700,000 ($185.00 PSF) $2,850,000 ($132.00 PSF) $95,000,000 ($121.98 PSF)

3

Deerfield Beach

07/2019

4

2640 N Powerline Road

Pompano Beach 37,965 SF on 2 AC

06/2019

5

201 NW 22nd Avenue

Fort Lauderdale 221,815 SF

05/2019

3245 Meridian Parkway 3225 Meridian Parkway

230,976 SF 207,335 SF

6

Weston

03/2019

7

15501 SW 29th Street

Miramar

304,428 SF

02/2019

8

312-384 S Military Trail

Deerfield Beach 48,318 SF

02/2019

9

712 S Military Trail

Deerfield Beach 247,000 SF

01/2019

45,460 SF / 1.93 AC

10

3001 SW 10th Street

Pompano Beach

01/2019

Powerline Business Park 4100 Powerline Road

443,720 SF / 26.4 AC

11

Pompano Beach

01/2019

12

1655 NW 136th Avenue

Sunrise

115,600 SF

12/2018

47,000 SF 8.4 AC 21,535 SF / 2.93 AC

13

1200 NW 15th Street

Pompano Beach

11/2018

14

1258 Hammondville Road

Pompano Beach

10/2018

15

1141 SW 12th Avenue

Pompano Beach 778,816 SF / 51 AC

10/2018

20 | BROWARD COUNTY