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BroadRange Logistics Leases 350,899 SF Industrial Space At Ocala Logistics Center In Florida

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LEASED
Clay Witherspoon
John Gosnell

Florida

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Industrial350,899 SF
Leased 12/20/2023
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LEASED

BroadRange Logistics Leases 350,899 SF Industrial Space At Ocala Logistics Center In Florida

2796 Northwest 35th Street

See Similar Deals
Industrial350,899 SF
Leased 12/20/2023
Clay Witherspoon
John Gosnell
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:350,899 SF
Transaction Type:Lease

BroadRange Logistics has leased the entire 350,899-square-foot Ocala Logistics Center in Florida. The property, located at 2796 Northwest 35th Street, is an industrial asset in the Ocala market. This strategic location offers proximity to major transportation hubs, making it an ideal choice for BroadRange Logistics' need for 3PL warehouse facilities. The lease agreement was signed on December 20, 2023.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: N/A
  • Address: 2796 Northwest 35th Street
  • Market: Ocala
  • Size: 350,899 square feet

The landlord for the property is MDH Partners, represented by Kate Kilgore. The tenant, BroadRange Logistics, was represented by Ari Milstein. Clay Witherspoon from Avison Young acted as the landlord's representative in the deal, while John Gosnell from Strategic Real Estate Partners represented BroadRange Logistics. This lease agreement fulfills MDH Partners' goal of full occupancy for the Ocala Logistics Center.

Players

Clay Witherspoon
Avison Young
Clay Witherspoon
1 deal(813) 230-1876
BROKER
John Gosnell
Strategic Real Estate Partners
John Gosnell
1 deal(404) 563-0608
BROKER
MDH Partners
MDH Partners
BROKERAGE
MDH Partners
MDH Partners
LANDLORD

Details

LEASED
IMAGE: Clay Witherspoon, John Gosnell, Kate Kilgore & Ari Milstein DATE: 12/20/2023 ADDRESS: 2796 Northwest 35th Street MARKET: Ocala ASSET TYPE: Industrial ~ SF: 350,899 LANDLORD: MDH Partners - Kate Kilgore TENANT: BroadRange Logistics - Ari Milstein LANDLORD'S REP: Clay Witherspoon - Avison Young (@Avison_Young_Global) TENANT'S REP: John Gosnell - Strategic Real Estate Partners (@StrategicRealEstatePartners) NOTE: BroadRange Logistics has leased the entire 350,899-square-foot Ocala Logistics Center in Florida from MDH Partners. The strategic location, equipped with essential features and close to major transportation hubs, aligns with BroadRange Logistics' need for 3PL warehouse facilities, contributing to MDH Partners' goal of full occupancy.

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Deal Type
Effective Rent (Annual)

$20,113,318.93

Total Lease Value

$201,133,189.33

Net Landlord Cash Flow$20,113,318.93