Industrial Outdoor Ventures Acquires Development Site In Davie For $64M

Industrial Outdoor Ventures, in partnership with Stockbridge Real Estate, has acquired a development site in Davie, located at 3055 Burris Road. The property spans approximately 38.5 acres and was sold for a price of $64,000,000. The transaction took place on October 4, 2021.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $64,000,000
• Address: 3055 Burris Road, Davie
• Market: Davie
• Buyer: Industrial Outdoor Ventures - Eric Johnson; Stockbridge Real Estate
• Brokers: Larry Genet, Tom O’Loughlin & Jake Zebede - CBRE

The buyers, Industrial Outdoor Ventures and Stockbridge Real Estate, were represented by Larry Genet, Tom O’Loughlin, and Jake Zebede from CBRE. This acquisition marks a significant investment in a prime development site, providing ample opportunities for future development or potential resale in the thriving market of Davie, Florida.