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TH Real Estate Leases Industrial Space In Seneca Industrial Park, Pembroke Park

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LEASED

Florida

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Industrial25,476 SF
Leased 08/24/2018
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LEASED

TH Real Estate Leases Industrial Space In Seneca Industrial Park, Pembroke Park

2500 SW 32nd Ave, Fort Lauderdale, F...

See Similar Deals
Industrial25,476 SF
Leased 08/24/2018
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:25,476 SF
Transaction Type:Lease

The industrial property at 2500 SW 32nd Ave, Fort Lauderdale, Florida, is part of Seneca Industrial Park, offering a total of 885,000 square feet of Class A distribution and warehouse space. The tenant, Colony Hardware, has leased 25,476 square feet in this convenient location, providing easy access to major transportation routes and close proximity to key metropolitan areas.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Landlord's Rep: Walter Byrd(Transwestern)
  • Tenant: Colony Hardware
  • Landlord: TH Real Estate
  • Square Feet: 25,476
  • Market: Fort Lauderdale

Other key players in this lease transaction include HD Supply, occupying the largest space at 46,498 square feet, represented by Colliers International Vice President Erin Byers. Additionally, Chefs' Warehouse and Smart Van Lines renewed their lease agreements, while Avison Young's Wayne Schuchts and Bobby Benton facilitated Colony Hardware's new lease at Seneca Industrial Park. The negotiations were handled by a team from Transwestern, led by Managing Director Thomas Kresse and Senior Managing Directors Ben Eisenberg and Walter Byrd.

Players

Walter Byrd
17 deals$53M volume
BROKER

LANDLORD

Details

LEASED
IMAGE: 08/24/2018 ADDRESS: 2500 SW 32nd Ave, Fort Lauderdale, F... MARKET: Fort Lauderdale ASSET TYPE: Industrial LANDLORD'S REP: Walter Byrd(Transwestern) TENANT: Colony Hardware LANDLORD: TH Real Estate SQUARE FEET: 25476

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Deal Type
Effective Rent (Annual)

$1,460,268.95

Total Lease Value

$14,602,689.47

Net Landlord Cash Flow$1,460,268.95