JLL's sale of 419,253-square-foot industrial portfolio fuels Broward County's $1 billion industrial transaction volume milestone

MIAMI, June 24, 2026 – JLL Capital Markets announced today it arranged the sale of the Broward Logistics Portfolio, a 419,253-square-foot industrial portfolio comprising nine properties strategically located across three submarkets in Broward County, Florida. The transaction contributes to Broward County surpassing $1 billion in industrial transaction volume for 2026, underscoring the market's strength and investor demand.

JLL represented the seller to complete the sale to Dalfen Industrial.

The portfolio is currently 83 percent occupied across nine tenants representing diverse industries including aerospace, logistics, shipping, elevators and construction. Built between 1978 and 1996, the nine properties feature varied configurations designed to serve both single-tenant and multi-tenant operations.

The buildings offer an average clear height of 22 feet, approximately 15% office finish on average, and diverse loading capabilities including dock-high doors, drive-in doors and van-high access. Notable features include abundant outdoor storage capabilities at select properties and modern building systems following more than $2.7 million in recent capital improvements including roof replacements, parking lot repairs, exterior painting, lighting upgrades and HVAC enhancements.

The portfolio occupies strategic positions within Broward County with excellent transportation access. Properties in Central Broward provide three-minute access to Commercial Boulevard and five-minute access to Florida's Turnpike, while Northeast Broward assets offer eight-minute access to Interstate 95. Southwest Broward locations feature six-minute access to both Interstate 75 and Griffin Road. This central positioning enables tenants to reach 97 percent of the South Florida metropolitan area within a 90-minute drive, serving a region that accounts for 28 percent of Florida's population.

The JLL Capital Markets Investment Sales and Advisory team was led by Senior Managing Directors Luis Castillo, Managing Director Cody Brais, Associate Taylor Osborne and Analyst David Orta Jr.

"This portfolio represented a rare opportunity to acquire critical mass in one of the nation's best-performing industrial markets with exceptionally high barriers to entry," said Brais. "With Broward County maintaining the tightest vacancy rate in Florida and virtually zero competitive supply on the horizon, Dalfen has positioned themselves to capitalize on continued rent appreciation in a market that has demonstrated remarkable resilience and growth."

JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500^® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

Headquartered in Dallas, Texas, Dalfen Industrial is a leader in last-mile industrial real estate, and one of the largest privately held industrial firms in the United States. The company specializes in strategically located infill warehouses and distribution centers, with a portfolio exceeding 60 million square feet. Learn more at www.dalfen.com.