TA Realty Acquires Fort Lauderdale Property At 4140 SW 30th Ave For $36.1M

The property asset involved in this transaction is the Port 95 Distribution Portfolio, comprising roughly 220,000 square feet of industrial space located at 4140 SW 30th Ave, Fort Lauderdale, Florida. The property was sold for $36,100,000.00 and is currently 100 percent leased. It features two tilt-wall buildings with 24-foot clear span height, dock-high configurations, and substantial truck court depths.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $36,100,000.00
• Square Footage: 220,000
• Address: 4140 SW 30th Ave, Fort Lauderdale, FL
• Market: Fort Lauderdale
• Seller: Guardian Life Insurance Co.
• Buyer's Representative: TA Realty
• Seller's Representatives: José Lobón (CBRE), Amy Julian (CBRE), Chris Riley (Blaze Capital Partners), Joe Chick (CBRE)

The sale was facilitated by a team from CBRE Capital Markets, which included Vice Chairman Christian Lee, Vice Chairman Chris Riley, and Senior Vice President José Lobón. They were supported by Vice President Amy Julian and Financial Analyst Joe Chick from CBRE's Miami office, along with Senior Vice President Tom O’Loughlin and First Vice President Larry Genet from CBRE’s Fort Lauderdale office, who assisted in marketing the property.