{"id":1004276243,"date":"2018-11-01T23:57:18","date_gmt":"2018-11-02T07:57:18","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004276243"},"modified":"2022-12-08T17:14:32","modified_gmt":"2022-12-09T01:14:32","slug":"ta-realty-pays-36m-for-fl-distribution-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ta-realty-pays-36m-for-fl-distribution-portfolio\/","title":{"rendered":"TA Realty Pays $36M for FL Distribution Portfolio"},"content":{"rendered":"

By Timea Papp<\/p>\n

\"Port<\/a>

Port 95 Distribution Portfolio<\/p><\/div>\n

TA Realty has acquired the Port 95 Distribution Portfolio, a roughly 220,000-square-foot industrial property in Hollywood, Fla. According to public records, Guardian Life Insurance Co. sold the asset for $36.1 million. CBRE Capital Markets worked on behalf of the seller.<\/p>\n

Located at 2551 S.W. 39th<\/sup> St. and 4140 S.W. 30th<\/sup> Ave., the facilities are 100 percent leased. The Port 95 Distribution Portfolio features two tilt-wall, 24-foot clear span height, dock-high buildings with 105-foot and 120-foot truck court depths, front and rear loading configuration and 10 percent overall office finish. Completed in 2000 and 2001, the buildings are within the 2.5 million-square-foot Port 95 Commerce Park.<\/p>\n

\u201cPort 95 is unquestionably the premier industrial distribution business park in Broward County. The park is surrounded by three major highway systems\u2014Interstate 95, Interstate 595 and the Florida Turnpike\u2014as well as Fort Lauderdale International Airport and Port Everglades,\u201d<\/em> CBRE Vice Chairman Christian Lee said in prepared remarks.<\/p>\n

Lee and Vice Chairman Chris Riley, alongside Senior Vice President Jose Lobon, facilitated the deal. The CBRE team also included Vice President Amy Julian and Financial Analyst Joe Chick of the CBRE Capital Markets Miami office. Senior Vice President Tom O’Loughlin and First Vice President Larry Genet of CBRE\u2019s Fort Lauderdale office assisted in marketing the property.<\/p>\n

Last month, CBRE facilitated the sale of a fully leased distribution center in Pompano Beach<\/a>, Fla. CenterPoint Properties purchased the 778,816-square-foot property.<\/p>\n

Image courtesy of CBRE<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

A CBRE Capital Markets team represented the seller, Guardian Life Insurance Co., in the disposition of the two-building industrial asset.<\/p>\n","protected":false},"author":240,"featured_media":1004276246,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21783,1492,21742],"tags":[35048,32789,35047,34982,35049,32822],"class_list":["post-1004276243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-investment","category-miami","category-latest","tag-amy-julian","tag-cbre","tag-christian-lee","tag-guardian-life-insurance-company","tag-jose-lobon","tag-ta-realty"],"acf":[],"yoast_head":"\nTA Realty Pays $36M for FL Distribution Portfolio - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/ta-realty-pays-36m-for-fl-distribution-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TA Realty Pays $36M for FL Distribution Portfolio\" \/>\n<meta property=\"og:description\" content=\"A CBRE Capital Markets team represented the seller, Guardian Life Insurance Co., in the disposition of the two-building industrial asset.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/ta-realty-pays-36m-for-fl-distribution-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-02T07:57:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T01:14:32+00:00\" \/>\n<meta name=\"author\" content=\"Timea-Erika Papp\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Port-95-Distribution-Portfolio.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ta-realty-pays-36m-for-fl-distribution-portfolio\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ta-realty-pays-36m-for-fl-distribution-portfolio\\\/\"},\"author\":{\"name\":\"Timea-Erika Papp\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/f58a713dcbdcb5aab2648af2aa04d6ae\"},\"headline\":\"TA Realty Pays $36M for FL Distribution Portfolio\",\"datePublished\":\"2018-11-02T07:57:18+00:00\",\"dateModified\":\"2022-12-09T01:14:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ta-realty-pays-36m-for-fl-distribution-portfolio\\\/\"},\"wordCount\":251,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ta-realty-pays-36m-for-fl-distribution-portfolio\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/11\\\/Port-95-Distribution-Portfolio.jpg\",\"keywords\":[\"Amy Julian\",\"CBRE\",\"Christian Lee\",\"Guardian Life Insurance Company\",\"Jose Lobon\",\"TA Realty\"],\"articleSection\":[\"Deals\",\"Industrial\",\"Investment\",\"Miami\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ta-realty-pays-36m-for-fl-distribution-portfolio\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ta-realty-pays-36m-for-fl-distribution-portfolio\\\/\",\"name\":\"TA Realty Pays $36M for FL Distribution Portfolio - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ta-realty-pays-36m-for-fl-distribution-portfolio\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ta-realty-pays-36m-for-fl-distribution-portfolio\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/11\\\/Port-95-Distribution-Portfolio.jpg\",\"datePublished\":\"2018-11-02T07:57:18+00:00\",\"dateModified\":\"2022-12-09T01:14:32+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/f58a713dcbdcb5aab2648af2aa04d6ae\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ta-realty-pays-36m-for-fl-distribution-portfolio\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ta-realty-pays-36m-for-fl-distribution-portfolio\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ta-realty-pays-36m-for-fl-distribution-portfolio\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/11\\\/Port-95-Distribution-Portfolio.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/11\\\/Port-95-Distribution-Portfolio.jpg\",\"width\":3184,\"height\":2388,\"caption\":\"Port 95 Distribution Portfolio\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ta-realty-pays-36m-for-fl-distribution-portfolio\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TA Realty Pays $36M for FL Distribution Portfolio\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/f58a713dcbdcb5aab2648af2aa04d6ae\",\"name\":\"Timea-Erika Papp\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/1abbd000efb56bab071b49e7aa22c0d49e96fb0374efdef0909c7744785579a7?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/1abbd000efb56bab071b49e7aa22c0d49e96fb0374efdef0909c7744785579a7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/1abbd000efb56bab071b49e7aa22c0d49e96fb0374efdef0909c7744785579a7?s=96&d=mm&r=g\",\"caption\":\"Timea-Erika Papp\"},\"description\":\"Timea is a senior writer covering CRE marketing, tech and real estate trends, as well as industry news in the U.S. Timea was previously a senior associate editor at Multi-Housing News and Commercial Property Executive and has an academic background in law. She has been working in the real estate industry since 2011.\",\"sameAs\":[\"timea-erika.papp@cpe-mhn.com\"],\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/timeaerikapapp\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"TA Realty Pays $36M for FL Distribution Portfolio - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/ta-realty-pays-36m-for-fl-distribution-portfolio\/","og_locale":"en_US","og_type":"article","og_title":"TA Realty Pays $36M for FL Distribution Portfolio","og_description":"A CBRE Capital Markets team represented the seller, Guardian Life Insurance Co., in the disposition of the two-building industrial asset.","og_url":"https:\/\/www.commercialsearch.com\/news\/ta-realty-pays-36m-for-fl-distribution-portfolio\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2018-11-02T07:57:18+00:00","article_modified_time":"2022-12-09T01:14:32+00:00","author":"Timea-Erika Papp","twitter_card":"summary_large_image","twitter_image":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Port-95-Distribution-Portfolio.jpg","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/ta-realty-pays-36m-for-fl-distribution-portfolio\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/ta-realty-pays-36m-for-fl-distribution-portfolio\/"},"author":{"name":"Timea-Erika Papp","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f58a713dcbdcb5aab2648af2aa04d6ae"},"headline":"TA Realty Pays $36M for FL Distribution Portfolio","datePublished":"2018-11-02T07:57:18+00:00","dateModified":"2022-12-09T01:14:32+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/ta-realty-pays-36m-for-fl-distribution-portfolio\/"},"wordCount":251,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/ta-realty-pays-36m-for-fl-distribution-portfolio\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Port-95-Distribution-Portfolio.jpg","keywords":["Amy Julian","CBRE","Christian Lee","Guardian Life Insurance Company","Jose Lobon","TA Realty"],"articleSection":["Deals","Industrial","Investment","Miami","News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/ta-realty-pays-36m-for-fl-distribution-portfolio\/","url":"https:\/\/www.commercialsearch.com\/news\/ta-realty-pays-36m-for-fl-distribution-portfolio\/","name":"TA Realty Pays $36M for FL Distribution Portfolio - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/ta-realty-pays-36m-for-fl-distribution-portfolio\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/ta-realty-pays-36m-for-fl-distribution-portfolio\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Port-95-Distribution-Portfolio.jpg","datePublished":"2018-11-02T07:57:18+00:00","dateModified":"2022-12-09T01:14:32+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f58a713dcbdcb5aab2648af2aa04d6ae"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/ta-realty-pays-36m-for-fl-distribution-portfolio\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/ta-realty-pays-36m-for-fl-distribution-portfolio\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/ta-realty-pays-36m-for-fl-distribution-portfolio\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Port-95-Distribution-Portfolio.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Port-95-Distribution-Portfolio.jpg","width":3184,"height":2388,"caption":"Port 95 Distribution Portfolio"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/ta-realty-pays-36m-for-fl-distribution-portfolio\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"TA Realty Pays $36M for FL Distribution Portfolio"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f58a713dcbdcb5aab2648af2aa04d6ae","name":"Timea-Erika Papp","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/1abbd000efb56bab071b49e7aa22c0d49e96fb0374efdef0909c7744785579a7?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/1abbd000efb56bab071b49e7aa22c0d49e96fb0374efdef0909c7744785579a7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1abbd000efb56bab071b49e7aa22c0d49e96fb0374efdef0909c7744785579a7?s=96&d=mm&r=g","caption":"Timea-Erika Papp"},"description":"Timea is a senior writer covering CRE marketing, tech and real estate trends, as well as industry news in the U.S. Timea was previously a senior associate editor at Multi-Housing News and Commercial Property Executive and has an academic background in law. She has been working in the real estate industry since 2011.","sameAs":["timea-erika.papp@cpe-mhn.com"],"url":"https:\/\/www.commercialsearch.com\/news\/author\/timeaerikapapp\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Port-95-Distribution-Portfolio.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004276243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/240"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004276243"}],"version-history":[{"count":6,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004276243\/revisions"}],"predecessor-version":[{"id":1004276573,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004276243\/revisions\/1004276573"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004276246"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004276243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004276243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004276243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}