Seneca North Development Site

New distribution development addresses growing demand for Class A space in South Florida.

Seneca was a multi-phased distribution development on a 31.2 acre site in Pembroke Park, FL. The site is situated in an established industrial park called the Seneca Industrial Park, and is approximately half a mile from 1-95 off Halandale Beach Boulevard in Southern Broward County. Seneca is one of the premier industrial parks in Southern Florida from both a location and quality perspective. Located centrally between Miami and Fort Lauderdale, the property offers convenient access to Miami International Airport, Port of Miami and Port Everglades.

Seneca represented a unique opportunity to add modern, Class A institutional product in a highly competitive core market. The property allowed for the development of four buildings with a combined 515,000 SF, offering state-of-the-art warehouse building specifications with 24-foot clear heights, ESFR sprinklers, and 120-foot loading courts. Construction began with a 99,901 SF rear-load facility, and the three additional buildings were all under construction within six months. South Florida continues to experience strong rental growth as a result of steady demand and limited new supply. Today, the properties are 100% occupied.