Dalfen Industrial recently expanded its South Florida footprint by purchasing the Broward Logistics Portfolio, a nine-building industrial complex in Broward County, Fla. This massive acquisition spans 419,253 square feet. Strikingly, Dalfen secured the property at just 55 percent of its replacement cost, a rare discount in today’s market.
Terms of the deal were not disclosed.
The company said in a statement that the portfolio is already 83 percent leased out to a diverse roster of nine tenants, which includes major global operators like FedEx alongside localized firms such as Event Service Group Realestate LLC, Chromalloy Material Solutions LLC and Commercial Distribution Specialists, Inc.
Location drives this deal. The properties sit in a tight infill logistics corridor with immediate, seamless access to both Interstate 95 and the Florida Turnpike. This strategic positioning places the buildings in proximity to Port Everglades and Fort Lauderdale-Hollywood International Airport, making the site an ideal hub for regional distribution, trade and logistics. It is a highly competitive neighborhood. Industry giants Walmart and Home Depot operate major distribution facilities right nearby, validating the value of this specific South Florida trade corridor.
The individual buildings themselves range anywhere from 10,000 to 68,500 square feet, giving Dalfen flexibility to accommodate a wide variety of tenant needs.
Company leadership views this move as a high-conviction play in a supply-constrained market. Chris Segrest, senior vice president of the Southeast region, said South Florida’s industrial strength is heavily insulated by steady population growth and robust e-commerce demand.
Echoing this enthusiasm, President and CEO Sean Dalfen said finding high-quality assets at such a steep discount is increasingly rare, offering the firm strong in-place cash flow alongside flexible exit strategies. The deal marks a major milestone. With this transaction finalized, Dalfen Industrial now owns and operates 11 million square feet of real estate across the Southeastern United States as it continues its aggressive nationwide expansion.
In March, Dalfen Industrial expanded its Midwest portfolio through the strategic acquisition of a multi-tenant industrial property at 1341–1371 Howard Street in Elk Grove Village, Ill. Located in Chicago’s highly competitive O’Hare submarket, the property was built in 1990 and boasts prime logistical access to major transit corridors such as I-90, I-290, I-294, and O’Hare International Airport.
At the time of the announcement, the asset was 75 percent leased and surrounded by major global logistics operators like Amazon and FedEx. The facility’s flexible design includes both dock-high and drive-in loading capabilities, making it ideal for distribution and light industrial users.
