Tag Archive for: seagis property group

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Business opportunities at Port Everglades are expanding with the construction of two warehouses that will offer distribution and logistical services.

Seagis Property Group just reported that it’s 75% complete with its 199,624-square-foot speculative development at 1700 Eller Drive in Hollywood. It expects construction to be complete in September. The building sits just outside Port Everglades’ security entrance allowing for prompt entry to the seaport’s cargo terminals, Port Everglades International Logistics Center (PEILC) and Florida East Coast Railway‘s near-dock facility.

The other new build is by Bridge Industrial, which anticipates completing its 170,892-square-foot logistics facility in the second quarter of 2024. The building is less than a mile from Port Everglades at 2200 NE 7th Ave. in Dania Beach. It’s the former site of Park ‘N Fly.

“The creation of warehouses immediately adjacent to Port Everglades is an indication of our seaport’s strength and standing in the marketplace,” said CEO and Port Director Jonathan Daniels. “The private sector understands the advantages of partnering with our Port. In addition to being conveniently located near major modes of transportation, we are responsible for more than $28.6 billion worth of trade in 2022. That is attractive to businesses.”

These new privately owned warehouses will complement the PEILC, a public-private partnership with CenterPoint Properties that was built in 2020 on 16.657 acres of Port-owned property. The entire PEILC is activated as Foreign Trade-Zone No. 25 allowing for the efficient distribution of goods at lower duty and tariff costs.

By The Numbers

According to Bridge Industrial, the new Bridge Point Port Everglades warehouse will have:

  • 32-foot clear ceiling height
  • 34 dock-high doors
  • 2 drive-in doors
  • A 120-foot truck court
  • 156 car parking spaces
  • Seagis Property Group reported that its warehouse will have:
  • 36-foot clear ceiling height
  • 32 dock doors
  • 2 oversized drive-in ramps
  • 172 automobile parking spaces
  • 49 trailer parking spaces

 

Source: AJOT

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Seagis Property Group announced today that it has acquired a 10-acre industrial property located at 1700 Eller Drive in Hollywood.

Seagis plans to build a 199,615 SF warehouse building that is 36′ clear with 32 dock doors, 172 car parking spaces, and 45 trailer parking spaces. The development will increase the Company’s South Florida portfolio to 111 buildings and 6 million square feet.

“We are excited to announce our first development project in South Florida. 1700 Eller Drive is one of the most strategically located industrial properties in all South Florida as it is adjacent to Port Everglades, within a mile of Fort Lauderdale International Airport, and immediately accessible to I-595/I-95,” said Bradlee Lord, Vice President, who is based out of Seagis‘ local office in South Florida.

Seagis Property Group LP owns and operates over 12.1 million square feet of industrial buildings in New JerseyNew York City, and Miami-Dade/Broward. Seagis is headquartered in suburban Philadelphia, with offices at One Tower Bridge, 100 Front Street, Suite 350, Conshohocken, PA 19428.

 

Source: Tioga Publishing