
Hillsboro Technology Center
350 Hillsboro Technology Drive, Deerfield Beach, FL, 33441, US
77,252 m²
JLL has been exclusively retained to offer the opportunity to acquire the Broward Logistics Portfolio (the "Portfolio"), a 419,253 SF industrial portfolio in Broward County. This 83% occupied portfolio consists of nine buildings across three submarkets with a diverse mix of national and regional tenants. The Portfolio features staggered lease expirations and a 6.2-year weighted average lease term, with stable in-place income, immediate upside potential via lease-up of two remaining suites in an optimal size range (35K SF on average) , and 11% mark-to-market upside on current rents with 39% of the rent roll expiring within the first three years.
The properties feature varied loading configurations, 17'-26' clear heights, 15% office finish on average, and nine tenants with an average tenant size of 38,757 SF. Strategically located across three Broward County submarkets, the Portfolio provides excellent access to the market's major transportation arteries via I-95 and Florida's Turnpike from the Northeast and Central Broward assets and I-75 and Sawgrass Expressway from the Southwest properties. Built between the 1980s and1990s, the Portfolio features a collection of warehouses with average suite sizes that cater to Broward county's strongest segment of tenant demand at strategic logistical nodes with unique physical competitive advantages including: abundant outdoor storage (3585 NW 54th St), and buildings designed for both multi-tenant and singletenant operations.
The Broward Logistics Portfolio offers a rare opportunity to acquire a portfolio of exceptionally well-located industrial assets in one of the US' best performing coastal markets with strong current income and potential for substantial value creation from lease-up, mark-to-market, and continued rent appreciation in a supply-constrained market with only 4.5% vacancy and virtually zero new deliveries YTD 2025.