South Florida Gateway Distribution Center Update 11/21/24

$22 Million Lease Signed at Florida Distribution Center

 

 

A global multi-OEM industrial gas turbine service provider, Power Systems MFG., LLC, has signed a 10-year lease worth $22 million for 185,000 square feet of space at South Florida Gateway Center. Colliers represented the tenant and Cushman & Wakefield represented the landlord, Foundry Commercial. South Florida Gateway Distribution Center in Stuart, Florida will feature 1.2 million square feet of Class A industrial space spread across four buildings. Construction is now complete at Phase III. Building 1 is 100,234 SF and Building 2 is 120,653 SF. These state-of-the-art industrial buildings are ready for occupancy.

Photo: Foundry Commercial

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