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Acquisition
June 28, 2021
June 28th , 2021 - Conshohocken, PA – Seagis Property Group announced today that it has acquired a three building, 142,000 square foot industrial park at Port 95 in Dania Beach, FL (Broward County).
Situated on 10 acres, the multi-tenant buildings are located at 3400-3406 SW 26 th Terrace and feature 4,000-8,000 square foot units and have both dock high and street level loading. The acquisition increases the Company’s South Florida portfolio to 103 buildings totaling over 5.4 million square feet.
“This infill industrial park is strategically located in an institutional neighborhood with immediate access to I-95 and I-595. We plan to reposition the park to improve the existing customer experience and overall quality of the park.” said Bradlee Lord, Director, who is based out of Seagis’ local office in South Florida.
Seagis Property Group LP (“Seagis”)
Seagis Property Group LP (“Seagis”) is a privately held industrial real estate owner and investor focused on the acquisition and development of properties located in logistically driven markets along the Eastern Seaboard. The company’s current portfolio spans more than 13 million square feet of space in New Jersey, New York, and South Florida. Seagis acquires stabilized core, core-plus, value-add, and development real estate for logistics use. Since its inception in 2005, Seagis has successfully acquired and developed more than 14.3 million square feet of industrial space. Seagis is headquartered in Conshohocken, Pennsylvania, located in suburban Philadelphia.