Chris Metzger, Richard F. Etner Jr., Christopher Thomson and Matthew G. McAllister Have Now Fully Leased the Second Phase of the State-of-the-Art Warehouse, Showroom and Distribution Center in Broward County
DANIA BEACH, FL, July 23, 2019 — Cushman & Wakefield has negotiated a ±27,379-square-foot industrial lease with Cambria at I-595 Business Center, bringing the second phase of the Broward County warehouse, showroom and distribution center to full occupancy.
The South Florida Industrial Brokerage Team of Chris Metzger, Richard F. Etner Jr., Christopher Thomson and Matthew G. McAllister represented owner MSG I-595, LLC in negotiating the lease. Wayne Schuchts and Bobby Benton of Avison Young represented Cambria in the lease negotiations.
Le Sueur, Minnesota-based Cambria is a leading producer of engineered quartz surfaces for kitchen countertops. The company has locations throughout the United States and Canada. Its space at I-595 will be utilized as a showroom, warehouse and distribution center.
I–595 Business Center is a 123,694-square-foot, state-of-the-art, Class A industrial building developed in 2018. The asset features outstanding frontage on I–595, a 120-foot truck court, dock-high loading, 32-foot clear heights, 54-foot by 50-foot column spacing, an ESFR (Early Suppression, Fast Response) fire safety system and LED lighting.
I–595 Business Center is located immediately west of Fort Lauderdale-Hollywood International Airport and Port Everglades and has direct frontage on Interstate 595 at 3200 SW 30th Avenue. This location provides exceptional access to Interstate 95, Florida’s Turnpike and the west coast of Florida.
“The lease-up of the second phase of the I–595 Business Center reflects the tremendous interest users have in Dania Beach’s ideal location in the South Florida market and ownership’s ability to capitalize on that location by developing one the region’s most advanced and desirable showroom, warehouse and distribution facilities,” said Metzger.
The third phase of I-595 Business Center, a ±150,000-square-foot facility, is in design and scheduled for delivery in summer 2020.
The eight-member South Florida Industrial team led by Metzger, Etner Jr., and Thomson has negotiated over 5.5 million square feet of sale and lease transactions valued at more than $168 million to date in 2019. For more information, please visit www.southfloridaindustrialteam.com.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.