Transwestern is pleased to announce it has been awarded Cabot Industrial Properties’ 3,986,454 square foot Florida industrial management portfolio.
This portfolio encompasses 25 properties spanning the state, with the majority concentrated in Broward and Palm Beach Counties and just over one million square feet in Central Florida; a territory Transwestern is eying for continued growth.
“We are honored to have been selected by Cabot for this important assignment" said Walter Byrd, Managing Director of Transwestern. "With this assignment, we have grown to over 7.4 million square feet of institutional property management within the industrial sector throughout Florida. Our continued growth is a testament to the quality of our Property Management team and Transwestern’s focus on these services.”
The portfolio includes:
- 63,000 square feet at Crownpointe Park in Orlando
- 148,822 square feet at Northpark I, II, and III in Orlando
- 46,942 square feet at Lewis Terminal in Riviera Beach
- 137,500 square feet at 45th Street Building in Dania Beach
- 113,191 square feet at Volvo Building in Boca Raton
- 56,621 square feet at Medley Building in Medley
- 267,950 square feet at Turnpike Distribution in Medley
- 16,901 square feet at Marine Center in Riviera Beach
- 569,000 square feet at Alta Lakes I, II, III and IV in Jacksonville
- 363,041 square feet at GM Building in Jacksonville
- 205,126 square feet at 53rd Street Building in Tampa
- 42,250 square feet at Ulmerton Building in Largo
- 83,200 square feet at Northpoint 1400 in West Palm Beach
- 29,731 square feet at Northpoint 400 in West Palm Beach
- 34,410 square feet at Northpoint 300 in West Palm Beach
- 267,250 square feet at 2935 Corporate in Weston
- 128,840 square feet at 2945 Corporate in Weston
- 131,791 square feet at 6500/6600 NW 12th in Fort Lauderdale
- 46,910 square feet at WorldPac in Cypress Fort Lauderdale
- 179,177 square feet at Westgate in St. Petersburg
- 470,000 square feet at Powerline in Pompano Beach
- 165,000 square feet at Lakeland Business in Lakeland
This growth in industrial management with Cabot is the second statewide institutional portfolio awarded to Transwestern, which currently manages RREEF’s 3,393,394 square foot Florida industrial portfolio.
"We have strategically concentrated our growth within all service lines and geographic sectors," commented Bruce Ford, President of Southeast Region, Transwestern. “We will continue to expand our footprint throughout the state, by aligning our core competencies like Property Management with our institutional client’s needs.”
With the awarding of the leasing of the 600,000 square foot iconic Miami Tower in downtown Miami and the Cabot Portfolio, Transwestern has grown the overall leasing and management portfolio to 15.8 million square feet of commercial space. In addition to the industrial property portfolio, Transwestern also manages notable assets such as 110 Tower in downtown Fort Lauderdale and Douglas Entrance in Coral Gables.
For more information about Transwestern, please call (305) 808-7310 or visit www.Transwestern.net.
About Transwestern:
Transwestern is a diversified operating company active in the real estate service, development and investment management businesses. Transwestern creates value for clients through innovation, penetrating market intelligence and legendary service delivered by teams of local market experts. The firm has product specialties including office, industrial, retail, multifamily and healthcare, as well as research affiliate, Delta Associates. Transwestern leads the industry in sustainability and has received multiple ENERGY STAR® awards from the Environmental Protection Agency (EPA).