CenterPoint Properties to build massive logistics center at Port Everglades

The new property will include Free Trade Zone offices

Miami /
Jun.June 05, 2019 12:30 PM
CenterPoint CEO Bob Chapman and renderings of Port Everglades International Logistics Center

CenterPoint CEO Bob Chapman and renderings of Port Everglades International Logistics Center

CenterPoint Properties is planning to build a massive, 296,207-square-foot logistics center at Port Everglades.

The Oak Brook, Illinois-based industrial powerhouse is planning to build two logistics/industrial buildings on 16.5 acres at 3413 and 3423 McIntosh Road in Fort Lauderdale.

The property will be used for storing cargo coming into Port Everglades that requires U.S. Customs and U.S. Department of Agriculture inspection services, according to a release. The center will also be the new home of the Foreign Trade Zone (FTZ) No. 25 at Port Everglades.

The planned 145,007-square-foot building at 3423 McIntosh Road is 100 percent pre-leased. International Warehouse Services will lease 142,454-square-feet and Foreign Trade Zone No. 25 offices will occupy 2,553 square feet, according to the release.

The second building at 3413 McIntosh Road is 151,200 square feet and has not yet been leased.

Avison Young’s Eric Swanson and Chip Faulkenberry will lead project management and development services for the project.

RLC Architects designed the facilities. ANF Group is in charge of construction and CBRE will handle leasing.

CenterPoint has become increasingly active in South Florida’s industrial market. In October 2018, the development group paid $95 million for one of the largest industrial properties in South Florida. CenterPoint bought the the 778,816-square-foot distribution center at 1141 Southwest 12th Avenue in Pompano Beach from Fortress Investment Group.


Related Articles

arrow_forward_ios
Jean Francois Roy and renderings of the Fort Lauderdale project (OceanLand)
Jean Francois Roy plans bulk condo buyout to build multifamily project near downtown Fort Lauderdale
Jean Francois Roy plans bulk condo buyout to build multifamily project near downtown Fort Lauderdale
1007 West Prospect Road in Fort Lauderdale and 999 West Prospect Road in Oakland Park
Seattle investors buy Fort Lauderdale, Oakland Park apartment buildings for $7M
Seattle investors buy Fort Lauderdale, Oakland Park apartment buildings for $7M
Patrick Bet-David and (inset) Vince Virga with the property (Twitter)
Instagram dream home? Patrick Bet-David pays record $20M for waterfront mansion in Fort Lauderdale
Instagram dream home? Patrick Bet-David pays record $20M for waterfront mansion in Fort Lauderdale
Eindar Khant and 1529 Middle River Drive in Fort Lauderdale (Crunchbase, Tiffany on the Water)
Keep those bills coming: Medical billing honchos buy waterfront Fort Lauderdale spec home for $6M
Keep those bills coming: Medical billing honchos buy waterfront Fort Lauderdale spec home for $6M
Feldman Equities exec Larry Feldman and the Pinnacle Corporate Park office complex (Avison Young, iStock)
Feldman Equities buys Fort Lauderdale office complex for $59M
Feldman Equities buys Fort Lauderdale office complex for $59M
1601 Southeast 8th Street, Fort Lauderdale (VHT Virtuals 1 for ONE Sotheby's International Realty)
Former Rinker CEO sells waterfront home in Fort Lauderdale for $7M
Former Rinker CEO sells waterfront home in Fort Lauderdale for $7M
Baia Beach Club owners Michael Liebowitz, Perry Weitz and Russell Galbut. (Baia Beach Club via Facebook, Harbor Group Consulting, Weitz & Luxenberg)
The Weekly Dish: Perry Weitz buys into Mondrian South Beach, Lagniappe owner acquires Edgewater property & more
The Weekly Dish: Perry Weitz buys into Mondrian South Beach, Lagniappe owner acquires Edgewater property & more
Mesirow Financial Chair and CEO Richard Price with Elan 16Forty apartments at 1600-1700 East Sunrise Boulevard (Google Maps)
Mesirow buys Fort Lauderdale multifamily complex for $84M
Mesirow buys Fort Lauderdale multifamily complex for $84M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...