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2301 Southwest 32nd Avenue

Updated Jun 27, 2025

Prologis Leases Industrial Space At 2301 Southwest 32nd Avenue To Tenant Represented By Lydia Montaigne
LEASEDIndustrial

Prologis Leases Industrial Space At 2301 Southwest 32nd Avenue To Tenant Represented By Lydia Montaigne

2301 Southwest 32nd Avenue

$17

$17/SF

Building Size

40,630 SF

Asset Type

Industrial

Closing

Jun 3, 2025

About this deal

AI

The property asset involved in this transaction is an industrial space located at 2301 Southwest 32nd Avenue in Pembroke Park. The total square footage of the asset is 40,630. The lease type is classified as a NNN lease with an asking rent of $17 per square foot.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $17/ft
  • Square Footage: 40,630
  • Address: 2301 Southwest 32nd Avenue
  • Market: Pembroke Park
  • Landlord: Prologis
  • Landlord's Representative: Tom O'Loughlin, Michael Oretsky & Larry Genet - CBRE
  • Tenant's Representative: Lydia Montaigne - SVN
  • Lease Type: NNN Lease

This lease represents another successful transaction with Prologis, indicating a long-term commitment from a well-established South Florida business. The landlords' representatives involved in the agreement are Tom O'Loughlin, Michael Oretsky, and Larry Genet from CBRE, while the tenant is represented by Lydia Montaigne from SVN.

Players

Larry Genet

CBRE

Broker

$454.4M

vol

62 deals

Broker
SVN
SVNBrokerage
CBRE
CBREBrokerage
Prologis
PrologisLandlord

Hollywood Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Deal FAQ

About $17 per square foot on a published $17 for 40,630 square feet (2025).

Visit Michael Oretsky to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

933117.65%

Cash-on-Cash

-266687.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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