JLL Capital Markets has arranged the sale of Sawgrass Distribution Center, a 131,800-square-foot industrial property in Sunrise, Florida. Clarion Partners sold the fully leased facility to MDH Partners in a transaction highlighting strong investor demand for well-located industrial assets in supply-constrained southwest Broward County.
Key takeaways
JLL represented Clarion Partners in the sale, while Atlanta-based MDH Partners acquired the property. The transaction involved:
- A 131,800-square-foot, multi-tenant industrial facility
- Seven rear-load bays and an average suite size of about 16,475 square feet
- A 2020 renovation and approximately 85% climate-controlled warehouse space
- Proximity to major highways, Port Everglades and Fort Lauderdale-Hollywood International Airport
The sale underscores the appeal of industrial properties that combine existing occupancy, transportation access and potential for future rent growth.
Property details and tenant appeal
Sawgrass Distribution Center is located at 770 International Parkway within Sunrise International Corporate Park. Built in 1989 and renovated in 2020, the building serves tenants in industries including distribution, health care, construction and manufacturing.
The facility includes 24-foot clear heights, 19 dock-high doors, two drive-in doors and two grade-level doors. A 100-foot truck court supports loading and circulation, while the climate-controlled warehouse area provides flexibility for businesses with temperature-sensitive or specialized operating requirements.
Strategic Broward County location
The property is positioned about five minutes from both the Sawgrass Expressway and Interstate 595. It also offers access to Florida’s Turnpike and Interstate 95, creating connections throughout South Florida and beyond.
Its location near Fort Lauderdale-Hollywood International Airport and Port Everglades further strengthens its logistics profile. According to the transaction announcement, the facility can reach more than 6.5 million people within a 90-minute drive across Miami-Dade, Broward and Palm Beach counties.
Investor demand remains strong
JLL said competition for the asset reflected the limited availability of industrial properties in southwest Broward County. The property’s full occupancy provides stable income, while upcoming lease renewals may offer opportunities to increase revenue over time.
The market’s constrained development pipeline has made existing facilities with strong access particularly attractive to investors. Properties such as Sawgrass Distribution Center can offer immediate operational utility without the delays and costs associated with new construction.
Firms involved in the transaction
The JLL team handling the sale included Senior Managing Director Luis Castillo, Managing Director Cody Brais and Associate Taylor Osborne. Clarion Partners, the seller, manages real estate investments across major property sectors and has a substantial industrial portfolio in the United States and Europe.
MDH Partners, the buyer, invests in industrial real estate across the country on behalf of institutional investors. The company has been involved in acquisitions, developments and asset management totaling more than 100 million square feet, according to the announcement.