Recent IDI Gazeley Leases Reflect Industrial Demand in Florida

More than 415,000 square feet leased in 2015

ATLANTA (September 24, 2015) – IDI Gazeley, a leading global investor and developer of logistics warehouses and distribution parks, today announced a number of high-profile deals in the Florida market. The seven leases, totaling 417,704 square feet, reflect a trend of positive growth in the area.  

IDI Gazeley has recently signed leases in Florida with Norgay Corporation, Video Equipment Rentals, Medical Specialties Distributors, WEMA USA, Conquest Manufacturing, and STS Component Solutions.

“The variety of industries represented by these leases signify a market-wide increased demand for industrial space in Florida. Jobs, population and consumer confidence have been driving expansion for industrial space across the state,” said Scott Helms, Regional Director in IDI Gazeley’s Fort Lauderdale office. “Florida continues to be one of the nation’s top industrial markets because of its access to major thoroughfares and proximity to Latin America. We will continue to provide what customers expect from us: the highest quality and best-located industrial space in the market.”

IDI Gazeley is poised to continue forward momentum in Florida with the capacity to develop 4.0 million square feet in key logistics hubs throughout the state. In addition to the space leased year to date, IDI Gazeley’s 167,175 square-foot Davie Business Center Building B is under construction and is scheduled for completion in early 2016. The company is invested in prime distribution locations with land holdings ready for development of an additional 990,000 SF in Davie, 618,000 SF in Pompano, 707,000 SF in Orlando, 450,000 SF in Tampa, and 1.3 million SF in St. Lucie County.

For further information please contact:

IDI Gazeley
Reed Barrickman
404-479-1626
reed.barrickman@brookfieldlogistics.com

Jackson Spalding for IDI Gazeley
Matt Scofield
404-214-3554
mscofield@jacksonspalding.com

About IDI Gazeley
IDI Gazeley (Brookfield Logistics Properties) is one of the world’s leading investors and developers of logistics warehouses and distribution parks with 57 million square feet of premier assets under management and additional prime land sites to develop another 50 million square feet of distribution facilities near major markets and transport routes in North America, Europe and China. As part of Brookfield Property Partners, IDI Gazeley belongs to one of the world’s largest and most sophisticated owners, operators and investors in real estate.

For further information, please visit www.brookfieldlogisticsproperties.com 

Brookfield Property Partners is one of the world’s largest commercial real estate companies with a goal of being the leading global owner, operator and investor in best-in-class commercial property assets. Brookfield’s diversified portfolio includes interests in over 130 premier office properties and over 150 best-in-class retail malls around the globe. The company also holds interests in multifamily, industrial, hotel and triple net lease assets through Brookfield-managed private funds.

For more information, please visit www.brookfieldpropertypartners.com.

Presseanfragen

Nordamerika
Reed Barrickman
+1.404.479.1626
reed.barrickman@idigazeley.com

Europa
Ged Brumby
Smithfield Consultants
+44 (0)20 7903 0674
gbrumby@smithfieldgroup.com

Rob Yates
Smithfield Consultants
+44 (0)20 7903 0625
ryates@smithfieldgroup.com