The Real Deal Miami

Lufthansa touches down in Dania with new industrial lease

Warehouse is less than a mile west of Fort Lauderdale International Airport

March 31, 2016 12:00PM
By Sean Stewart-Muniz

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Port 95 Business Center

Port 95 Business Center

Europe’s largest airliner has just landed in Dania Beach.

Lufthansa inked a lease for industrial space at the Port 95 Business Center, where it will house its machine and tech services division.

The lease is for 19,913 square feet of space at the newly built distribution center and warehouse, Cushman & Wakefield said in news release. It is located less than a mile away from the Fort Lauderdale International Airport at 2650 Southwest 36th Street.

A subsidiary of the airline, Lufthansa Technik, will occupy the space starting in June. It specializes in selling, distributing and servicing aircraft parts for the airline’s extensive fleet. The subsidiary already has a location in Miramar.

Port 95 was built by Bridge Development Partners in 2014. The industrial builder sold the 230,036-square-foot center to a company managed by Elion Partners’ Saul Gilinski for nearly $27 million a few months later in November 2014.

For the Lufthansa lease, Christopher Metzger, Richard F. Etner, Christopher Thomson, and Matthew G. McAllister of Cushman & Wakefield brokered the deal on behalf of the landlord. Thompson, Metzger and Etner also represented Bridge when it sold the two-building center in November 2014.