The property involved in this transaction is a 50,000-square-foot industrial facility located at 2405 College Ave, Davie, FL, 33317, within the Davie market. It is being developed by Becknell Industrial as part of the East Davie Commerce Center, which is a speculative industrial facility currently under construction. The site spans roughly 10 acres and features a single-story, Class A building designed for distribution companies and technology, medical, and aerospace tenants. Key features include 32-foot clear heights, 3,000 amps of 480-volt power, and 50’ by 50’ column spacing, with delivery scheduled at the end of March 2018.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Square Footage: 50,000
• Address: 2405 College Ave, Davie, FL, 33317
• Market: Davie
• Tenant: XPO Logistics
• Landlord: Becknell Development
• Tenant's Representative: Russell Perry, Russell Perry Jr - R.E. Perry Co

In this transaction, XPO Logistics has chosen to establish operations at this property to manage fulfillment services for a large construction supply company. The involvement of R.E. Perry Co, represented by Russell Perry and Russell Perry Jr, indicates their role in facilitating the lease agreement between XPO Logistics and Becknell Development.