{"id":1004165553,"date":"2017-02-01T10:00:01","date_gmt":"2017-02-01T18:00:01","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004165553"},"modified":"2022-12-07T00:49:29","modified_gmt":"2022-12-07T08:49:29","slug":"jv-to-build-750-ksf-of-officewarehouse-in-south-florida","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jv-to-build-750-ksf-of-officewarehouse-in-south-florida\/","title":{"rendered":"JV to Build 750 KSF Office\/Warehouse Park in South Florida"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004165566\" style=\"width: 322px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/South-Florida-Distribution-Center.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004165566\" data-attachment-id=\"1004165566\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/jv-to-build-750-ksf-of-officewarehouse-in-south-florida\/south-florida-distribution-center\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/South-Florida-Distribution-Center.jpg\" data-orig-size=\"800,600\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"South Florida Distribution Center rendering\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;South Florida Distribution Center rendering&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/South-Florida-Distribution-Center.jpg?w=800\" class=\"wp-image-1004165566\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/South-Florida-Distribution-Center.jpg\" alt=\"South Florida Distribution Center rendering\" width=\"312\" height=\"234\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/South-Florida-Distribution-Center.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/South-Florida-Distribution-Center.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/01\/South-Florida-Distribution-Center.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 312px) 100vw, 312px\" \/><\/a><p id=\"caption-attachment-1004165566\" class=\"wp-caption-text\">South Florida Distribution Center rendering<\/p><\/div>\n<p><strong>Pembroke Pines, Fla.<\/strong>\u2014Core5 Industrial Partners and Helms Development have announced the acquisition of a 60-acre parcel at 20421 Sheridan St. in Pembroke Pines, Fla.\u00a0This acquisition marks Core5\u2019s entry into Florida and will be the first project for the newly-formed Helms Development.\u00a0CBRE\u2019s team of Larry Dinner, Larry Genet and Tom O\u2019Loughlin will handle leasing.<\/p>\n<p>The joint venture plans to transform the property into a distribution park named South Florida Distribution Center, which will house 750,000 square feet of Class A office and warehouse space among three buildings. Construction on the first phase of the project, a speculative 223,008-square-foot building, will begin in April 2017.\u00a0The site is one of the last remaining in Southwest Broward to offer build-to-suit options for larger users and a distinctive advantage with trailer parking\u2014an option no other property\u00a0has.<\/p>\n<p>\u201cThe property is sited perfectly to benefit tenants that want to service both the east and west coast of southern Florida. It is within 75 minutes of Naples\/Ft. Myers and still less than an hour from 85 percent of the tri-county\u2019s population,\u201d said Scott Helms, principal of Helms Development, in prepared remarks. \u201cSuburb interstate access, coupled with the trailer parking advantage, offers an unheard-of advantage for e-commerce and office warehouse distribution companies needing to serve the population in South Florida as well as points north of the site.&#8221;<\/p>\n<p><em>Image courtesy of Core5 Industrial Partners\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Construction on the first phase of the project, a speculative 223,008-square-foot Class A building, will begin in April 2017. <\/p>\n","protected":false},"author":746,"featured_media":1004165566,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21782,21748,1492,21742,21747],"tags":[32789,33787,33757],"class_list":["post-1004165553","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-development","category-industrial","category-miami","category-latest","category-office","tag-cbre","tag-core5-industrial","tag-larry-genet"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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