Seagis Property Group Nearing Completion of a 200,000 Square Foot Warehouse Facility in Hollywood, FL

Seagis Property Group Nearing Completion of a 200,000 Square Foot Warehouse Facility in Hollywood, FL

South Florida

April 4, 2023

April 4th, 2023 – Conshohocken, PA – Seagis Property Group announced today that it’s 200,000 square foot speculative development located at 1700 Eller Drive adjacent Port Everglades in Hollywood, FL is now 75% complete.

The project is scheduled for completion in September 2023. The 36’ clear, fully secured warehouse facility features 32 dock doors and significant parking capability with 172 auto spaces and 49 trailer spaces. The building provides immediate access to Port Everglades and the Ft. Lauderdale International Airport. “Given its location next to a leading US container port and Interstates 595 and 95 we believe this project is one of the best located distribution facilities in South Florida” said Bradlee Lord, Vice President, who is based out of the Company’s local office in Miramar. The building is being marketed for lease by the CBRE team of Tom O’Loughlin, Larry Dinner, and Larry Genet. More information can be found at https://seagis.cbre-properties.com

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About Seagis Property Group LP

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.