2020 Industrial Market Report BROWARD Q2 2020

LAND USE MAP

SPECULATIVE DEVELOPMENT SNAPSHOT

k

PC15-6

1.4

Palm Beach County

2

7

k

PC18-8

7.4

7

5.5

HILLSBOROBLVD

L

JOHNSONRD

11.3

T R

4

HOLMBERGRD

R Y

A

MI L I T

37

SE10THST

SW10TH S T

6

SAWGRASSEXPY

5.21

4.5

4.2

GED R

7.5

E VA H T 9 W N

8 7

ALRI D

13

NE 48THST

7

R

36

NW 48THST

8

C O

BROWARD COUNTY LAND USE PLAN Adopted: June 4, 2019 LEGEND

WILESRD

7

A ND RD

POWERLINERD

3.81

E VA D R 3 E N

12

I S L

K

SAMPLERD

13

ROC

13

7

4.52

ROMILE

LSB O

7

HI L

35.9

DIXIEHWY

COPANSRD

WAREHOUSE & DISTRIBUTION 6 MILLION TOTAL SF DELIVERED SINCE 2015

UNDER CONSTRUCTION 2.6 MILLION TOTAL SF TO BE DELIVERED THROUGH 2020

FEDERALHWY

I95

NE 23RDST

D

ROYALPALMB L V

R

D

B N K

5.77

A

S

UNI V ERSITY

RD

7.74

R

D

NE 14THST

11.3

G S

N

Activity Center

Palm Beach County Rural Residential-10

R I

8.7

MARTINLUTHERKINGBLVD

COCONUTCREEKPKY

SRA1A

R AMBLE

4.2

Rural Ranches Rural Estates Estate (1) Residential

Commerce Agricultural Conservation - Natural Reservations Conservation - Reserve Water SupplyAreas Recreation and Open Space Commercial Recreation Community

29

W

OOD

DR

NE10THST

L Y ONS R D

SR7

CORALSP

5.04

AVE

7.6

ATLANTICBLVD

V ERSIDE

D R

RI

NW31ST

ATLANTICBLVD

13

38

Low (2) Residential Low (3) Residential Low (5) Residential Low-Medium (10) Residential Medium (16) Residential Medium-High (25) Residential High (50) Residential

SOUTHGATEBLVD

SW 3RDST

ILLR D

7

H

46

OB

N

KIMBERLYBLV D

16

CYPRESSRD

POMPANOPKY

AVE

E VA T S 1 8 W S

TH

W1 2

7 R S

MCNAB RD

S

2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 Electrical Generation Facilities Tribal Lands Mining Transportation Water 2 2 2 2 2

MCNABRD

S AVE

W

N E62NDST

N R E

NW 62NDST

D

BAILEYRD

E VA H T 8 1 E N

NW9TH A VE

A

FEDERALHWY

NE56THST

PROSPECTRD

Irregular Residential Dashed-Line Area

0.0

COMMERCIALBLVD

13.33

0.0

COMMERCIALBLVD

T

S

NW50TH

DIXI H E Y W

E VA T S 1 3 W N

NE 45THST

PROSPECTRD

k

PC19-2

E VA H T 6 E N

ROC K I SLANDRD

NW 44THST

1.7

19.2

WAY

H

D

IN V

R

E VA T S 1 2 W N

9

US

20

ER

T

R ARYBLVD

A

12 14.6

H I

NW120T

OAKLANDPARKBLVD

OAKLANDPARKBLVD

12.5

UNIVERSITYDR

13

NE 26THST

E

AV

TH

1 3 6

ONDR

T

L

AV E

W I

W

N

H

2.5

SUNSETSTRIP

N W 19THST

k

PC06-27

9 17.3

19

NE15T

A VE

E VA H T 4 E N

2.94

7 R S

SUNRISEBLVD

VIEW D R

D R D

NW 13THST

FLAMINGORD

PROPOSED 3.3 MILLION TOTAL SF PROPOSED AND PLANNED TO BE DELIVERED AFTER 2019

N

BA Y

A

NW56THAVE

NW23RD

I S L

SUNRISE BLVD

I75

NOBHILLRD

E

I N

9

E VA H T 7 2 W N

P

CLEAR

Y BL

E VA H T 7 W N

V

21

D

E VA D R 3 E N

6.25

NW 6THST

25

HIATUSRD

NW 5THST

G

LADESP K

FEDERALHWY

Y

6

20

28.44

BROWARDBLVD

BROWARDBLVD

LASOLASBLVD

UN I V E RSITYD R

5

8

E VA T S 1 3 W S

CL UBRD

D D L E

SA

US27

E VA H T 6 3 1 W S

SW4THAVE

E VA D R 3 E S

LVD

EZE B

R D

8.5

DAVIEBLVD

20.1

B R E

PETERSRD

R

E

A NTR C

12.6

O

I

N

DI

Y A

A

SE17THST

E

HIATUS

L

S

SW 14THST

P

A L MB L

E VA H T 9 W S

V

D

ANDREWSAVE

6.38

EISENHO W E B R LVD

SR84

SE 24THST

SR84

RIVERLANDR D

1.83

Atlantic Ocean

NOVADR

D R O G NI M AL F

R E B LVD

SW154THAVE

22

I595

W E

FEDERALHWY

T U

SW 30THST

3.6

ELLERDR

S TONRD

DAVIERD

NAV E N

RAVE

COLLEGEAVE

3.5

B O

N SWO O DR D

30T H A V E

SR7

SW 39THST

SOUTHPOSTRD

SW 42NDST

S W

11.8

PERIMETERRD

SW 45THST

GRIFFINRD

7

E VA S R E L G N A

6

DANIABEACHBLVD

13.5

SW160THAV E

23.74

0 T0 HAVE

SW 1

STIRLINGRD

8

D

R

LAN D

SW172NDAVE

XT

D R S U TAI H

3.663

E

EI S

2.85

3.8

AVIE R OAD

2

P I N

D

3.3

SHERIDANST

E VA H T6 5 N

E VA M L AP

Post-covid19 the industrial market remains a strong hold in the South Florida market. With the shifting in consumer spending, we are seeing 3PLs, large fulfillment companies and cold storage users taking down large blocks of bulk industrial space. We expect these trends to continue through 2020. - MatthewMcAllister

8

Y W H E I XI D

N46THAVE

TAFTST

SRA1A

8.9

NPARKRD

E VA H T 48 1 W N

3.1

JOHNSONST

D R O G NI M AL F

1.74

0 THAVE

W 1 6

NUS27

12

DOUGLASRD

N

NW172NDAVE

HOLLYWOODBLVD

N72NDAVE

R D Y TI S R E VI N U

PINESBLVD

Y W H L A R E D E F

12

7.9

K RD

12

SP A R

WASHINGTONST

35

SR7

9

2.243

KE

P

9.67

11.5

5.3

V E

5.52

A

FLORIDAT

T H

E VA H T 4 8 1 W S

S56THAVE

PEMBROKERD

E VA T S 1 0 1 W S

SW 1 6 0

10.8

19.63

28

SW172NDAVE

RED

HALLANDALEBEACHBLVD

I75

R D

8

E VA D N 2 6 W S

12

MIRAMARPKY

D R O G NI M AL F

SW 41STST

HOMESTEADTPKEE X T

1.5

3.06

k

PC18-2

Miami-Dade County *Pending BCLUPAmendment subject to satisfaction of voluntary commitments

4.33

4.95

ipal land use plansmust be consistentwith theBrowardCounty LandUsePlan. TheBrowardCountyPlanningCouncil reviews eachmunicipal land use plan pursuant to theBrowardCountyCharter and certifies thosemunicipal land use planswhich have been found to be in "substantial conformity"with theBroward y LandUsePlan.When certified by theCouncil, themunicipal land use plan becomes the effective land use plan for themunicipal jurisdiction. The land use designations on theBrowardCounty LandUsePlan serve as the basis formunicipal jurisdiction.Themunicipal land use plansmay bemore restrictive than the ardCounty LandUsePlan andmay depict uses and categories other than those shown on theBrowardCounty LandUsePlan for specific parcels.Areas designated on theBrowardCounty LandUsePlanMap or particular uses are approximate.The exact boundaries for zoningwill be determined by themunicipality the reasonable limits of the designation on themap.For further information regarding identification of the effective land use plan for a specific area or for interpretation of the land use designation for a specific parcel, please contact theBrowardCountyPlanningCouncil at 954.357.6695. 14 | BROWARD COUNTY

INDUSTRIAL MARKET REPORT | 15