15 Acres In Dania Gets $7.5 Million

Jul 31, 2013 3 Comments by

Cushman & Wakefield Executive Director of Industrial Brokerage for South Florida, Sky Groden, along with partners, Christopher Metzger, Rick Etner, and Christopher Thomson, have completed the sale of 15 acres of industrially-zoned land in Port 95 Commerce Park in Dania for $7,500,000.

Cushman & Wakefield represented the buyer Bridge Development Partners and the owner was represented internally.

The property is site planned approved for approximately 232,000 SF of warehouse distribution buildings and offers flexible IROM zoning in the City of Dania Beach.

“The project underscores the growing strength of the local industrial market in South Florida,” said Groden.  “The Class A industrial product is also a great opportunity for Bridge Development, and their partner Hunt Realty Investments Inc, with their first foray in this market.”

Bridge is expecting to break ground on the new development within 3rd Quarter 2013.

Port 95 is recognized as one of the premier industrial projects in Broward County and offers excellent access to all of the major roadway arteries as well as immediate access to Fort Lauderdale/Hollywood International Airport and Port Everglades. The planned buildings will offer State of the Art, Institutional quality construction with dock high loading, 32’ clear ceiling height, efficient loading designed to accommodate high truck traffic..

“We are excited to be working with Cushman & Wakefield of Florida to further market the property for lease and/or sale,” said Steve Poulos, principal with Chicago-based Bridge.
“We are positioned in the market to fill an important need for new construction, as industrial space in Florida is absorbed at a rapid rate.”

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Broward County Industrial / Flex, Industrial / Flex, Industry News, NA

3 Responses to “15 Acres In Dania Gets $7.5 Million”

  1. Industrial Property Trades For $27 Million | CRE Florida Partners says:

    […] this closing, the Buyer also has Bridge Point- Marina Mile, which totals 189,620 square feet, under contract to close upon Certificate of Completion. It is […]

  2. Bridge Development Planning Davie Industrial Project | NAI Miami says:

    […] construction on a new 232,000-square-foot warehouse distribution development in Dania Beach in late 2013 and announced plans to build a 242,000-square-foot speculative industrial complex […]

  3. Bridge Development Plans Yet Another South Florida Industrial Project | CRE Florida Partners says:

    […] construction on a new 232,000-square-foot warehouse distribution development in Dania Beach in late 2013 and announced plans to build a 242,000-square-foot speculative industrial complex […]

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