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Avison Young Tapped to Manage 500K-SF South Florida Industrial Portfolio
Avison Young has been tapped by Principal Real Estate Investors to manage a 501,593-square-foot, three-building industrial warehouse portfolio in Broward County.
The portfolio includes the 232,887-square-foot Lyons Technology Park in Coconut Creek, the 169,033-square-foot Pointe West Commerce Center in Davie, and the 99,673-square-foot Port 95 Business Center in Hollywood. The Broward warehouse portfolio represents Avison Young’s first property management assignment with Principal Real Estate Investors, following a long-standing leasing services relationship. Avison Young’s Florida property management portfolio is now at 22 million square feet.
“When Avison Young entered the Florida market in 2012, we started with a three-million-square-foot property management portfolio of privately-owned assets,” said Michael Vullis, principal at Avison Young. “In just seven years, we’ve grown our assignments exponentially to 22 million square feet.”
For comments, questions or concerns, please contact David Cohen
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