Fort Lauderdale, FL
CBRE Announces Sale of 435K-SF Industrial Portfolio in Broward County
April 30, 2025
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Comms Sr Manager
CBRE arranged the sale of a three-building portfolio totaling 435,225 sq. ft. with properties in Dania Beach and Miramar, Florida.
José Lobon, Frank Fallon, Trey Barry, Royce Rose, Gabriel Braun and Daniel Sarmiento with CBRE National Partners arranged the transaction on behalf of the undisclosed seller.
The facilities were built between 2001-2021 and feature modern design specifications including an average of 27’ to 32’ clear heights, 12% overall office finish, and dock-high rear and side loading configurations. The properties are centrally located in the tri-county region, providing immediate access to the region’s key transportation nodes.
Broward County vacancy remained flat at 4.1% in the first quarter of 2025, driven by stable leasing momentum, according to CBRE Research. Asking rents rose 4.7% over the past year to $15.48 in the first quarter and are projected to see continued, moderate growth in the coming quarters.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.