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  • Small Bay Daily - December 19 - Matthews sells Fort Lauderdale, FL shallow bay for $8.5M

Small Bay Daily - December 19 - Matthews sells Fort Lauderdale, FL shallow bay for $8.5M

Matthews sells Fort Lauderdale shallow bay. Dalfen buys Florida IOS portfolio. Northmarq brokers Oregon small bay. MDH buys Laredo, Texas shallow bay. STRO leases Tampa small bay. BKM recaps shallow bay portfolio. Six new small bay listings.

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NEWS ROUNDUP

Matthews sells Fort Lauderdale shallow bay

DISPOSITION: Matthews sells Fort Lauderdale, FL shallow bay for $8.5M. Matthews Real Estate Investment Services has sold 2968 Ravenswood Road in Fort Lauderdale, Florida. The property consists of a multi-tenant industrial building totaling 40,800 SF. The Mathews deal team included Michael Buonadonna and Harrison Auerbach.

Dalfen buys Florida IOS portfolio

ACQUISITION: Dalfen buys Central Florida small bay portfolio. Dalfen Industrial has acquired 1402 Tech Boulevard in Tampa and 6305 Chancellor Drive in Orlando, Florida. Together, the portfolio totals 67,420 SF. The sale was facilitated by a Colliers deal team that included Ryan Vaught, Riley Vaught, Jimmy Ulrich, and Michael Macchia. The Dalfen deal team included Sean Dalfen, Tyler McElroy, and Chris Segrest.

Northmarq brokers Oregon small bay

ACQUISITION: Small bay park in Florence, OR sells for $2.2M. Northmarq represented the buyer in the sale of 1725-1735 Kingwood Street in Florence, Oregon. The property features 12 small bay units for a total of 20,982 SF. The Northmarq deal team included Anthony Albrecht, Patrick O’Malley, and Erica Seward. Zach Reichle with Macadam Forbes represented the seller in the transaction.

MDH buys Laredo, Texas shallow bay

ACQUISITION: MDH Partners buys shallow bay facility in Laredo, TX. MDH Partners has acquired 14002 Mercury Drive in Laredo, Texas. The property includes a 70,000 Class A industrial building. The MDH deal team was led by Makenna Barbara. Alfonso Jasso with Forum CRE represented the seller in the transaction.

STRO leases Tampa small bay

LEASE SIGNED: The STRO Cos. lease shallow bay in Tampa, FL. The STRO Companies have leased 5126 West Cypress Street in Tampa, Florida. The property features a 19,422 SF warehouse. The STRO Cos. deal team included Elliot Ferris, Albert Fitch, Kevin Bramhall, Emily Sussal Wolf, Mark Jackson, and Gabe Millstein. Jessica Mizrahi and Julia Silva with Lee & Associates represented The STRO Cos. Carter Henderson with ROI Commercial Property Brokerage represented the tenant, Live Marketing LLC.

BKM recaps shallow bay portfolio

FINANCING: BKM completes $550M recap of multi-state industrial portfolio. BKM Capital Partners and partner Kayne Anderson Real Estate have executed the recapitalization of a portfolio of 9 industrial parks totaling more than 2.1M SF. BKM is led by Brian Malliet, while Al Rabil leads the Kayne Anderson team. The properties in the portfolio are:

  • 1135 South 48th Street in Tempe, Arizona (256,920 SF)

  • 4100-4210 West Vanowen Place, 2303-2333 North Valley Street, and 4400-4510 West Vanowen Street in Burbank, California (302,869 SF)

  • 1590 Solano Way and 5600-5750 Imhoff Drive in Concord, California (141,792 SF)

  • 48500-48560 Fremont Boulevard in Fremont, California (95,126 SF)

  • 1483 Poinsettia Avenue in Vista, California (228,816 SF)

  • 14 Inverness Drive East in Englewood, Colorado (215,380 SF)

  • 420-770 Pilot Road and 711-839 Pilot Road in Las Vegas, Nevada (673,193 SF)

  • 19226 66th Avenue in Kent, Washington (205,734 SF)

SMALL BAY PROPERTIES FOR SALE

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Small bay for sale in Prescott, AZ

6400 Lear Lane, Prescott, Arizona 86301

10,000 SF | Subdivisible to (2) 5,000 SF Units | (2) 12’x14’ Grade Doors | 1,200 SF Office | For Sale and Lease

small bay for sale in Angier, NC

214 Fish Drive, Angier, NC 27501

4,080 SF | Brand-New Construction | 2 Drive-in Doors | For Sale and Lease

shallow bay for sale in Houston, TX

1416-1428 North Sam Houston Parkway East, Houston, TX 77032 and 10241 & 10245 West Little York Road, Houston, TX 77040

203,124 SF | 13.9 AC | 6 Buildings | 79% Occupancy | 2.2 Years WALT

SMALL BAY PROPERTIES FOR LEASE

Click on each photo for more information.

small bay for lease in Houston, TX

8811 Emmott Road, Suite 1100, Houston, TX 77040

12,000 SF | (3) 12'x14' Grade-Level Doors | 3-Phase Power | 24' Clear Height | Great Access to US-290 and Beltway 8

small bay for lease in Cumming, GA

209 Industrial Park Drive, Cumming, GA 30040

2 Suites Available | 5,000 SF per Suite | 1 Dock-High Door per Suite | 18’-20’ Clear Heights | Close to GA-400

small bay for lease in White Settlement, TX

700 North Jim Wright Freeway, White Settlement, TX 76108

(15) 1,950 SF Spec Suites | (30) 975/SF Spec Suites | 9 Buildings | 83,400 SF of Custom Size/Finish out | 10-15 Minutes from Downtown Fort Worth

ONE MORE THING

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