Florida & Gulf Coast + South Florida + Industrial | July 24, 2019

Distribution Center in Broward Trades For $9M

Le Forte Investment has acquired 300 Industrial Parkway, a 58,961-square-foot warehouse and distribution center in Broward County for $8.7 million.

The property has been fully occupied by industrial parts distributor Hydraulic Supply Co. for more than two decades as the company’s corporate headquarters and primary distribution hub for their 24 retail locations in the Southeastern United States and Latin America.

Chris Metzger, Richard Etner Jr. and Christopher Thomson of Cushman & Wakefield represented the seller, HS Real Estate GPC, an affiliate of Suncap Real Estate, in the transaction.

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.