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South Florida
January 5, 2021
January 5, 2021 - Conshohocken, PA – Seagis Property Group announced today that it has acquired an 85,000 square foot warehouse in Miramar FL (Broward County).
Located at 3501 Commerce Parkway in the Miramar Park of Commerce, the acquisition increases the Company’s South Florida portfolio to 101 buildings totaling over 5.2 million square feet.
“We are excited to add this high-quality, freestanding warehouse facility to our portfolio. The property’s central location and close proximity to the Florida Turnpike is strategic for distribution throughout the tri-county area. We believe the unique features and location of this property, combined with our local operating platform will drive value over the long term” 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.