JLL secures the sale of Sawgrass Distribution Center in Broward County

MIAMI, July 29, 2026 – JLL Capital Markets announced today the sale of Sawgrass Distribution Center, a fully leased, 131,800-square-foot multi-tenant industrial property in Sunrise. The asset is located at 770 International Parkway within the Sunrise International Corporate Park in western Broward County.

JLL represented the seller, Clarion Partners, in the transaction. MDH Partners acquired the asset.

Built in 1989 and renovated in 2020, Sawgrass Distribution Center features seven rear-load bays with an average suite size of approximately 16,475 square feet. The property offers 24-foot clear heights, 19 dock-high doors, two drive-in doors and two grade-level doors across a 100-foot truck court. Roughly 85% of the building's warehouse space is climate controlled, catering to specialized tenant operations in distribution, health care, construction and manufacturing sectors.

The property sits within one of South Florida's most supply-constrained industrial markets, located five minutes from the Sawgrass Expressway and Interstate 595. The location provides immediate access to Florida's Turnpike and Interstate 95, as well as proximity to Fort Lauderdale-Hollywood International Airport and Port Everglades. The facility serves a 90-minute drive-time population of more than 6.5 million residents across the tri-county South Florida region.

The JLL Capital Markets team was led by Senior Managing Director Luis Castillo, Managing Director Cody Brais and Associate Taylor Osborne.

"The extraordinary level of competition for this asset speaks to the scarcity of well-located industrial properties in Southwest Broward," Brais said. "Investors recognized the rare combination of stable cash flow from creditworthy tenants, superior connectivity to South Florida’s 6.5 million population base within a 90 minutes’ drive and meaningful embedded upside through lease renewals in a market where development remains severely constrained."

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.

Clarion Partners, LLC, an SEC registered investment adviser with FCA-authorized and FINRA member affiliates, has been a leading U.S. real estate investment manager for more than 40 years. Headquartered in New York, the Firm maintains strategically located offices across the United States and Europe. With over $73 billion in total real estate and debt assets under management, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to approximately 500 institutional investors across the globe. Clarion is scaled in all major property types and was an early entrant into the Industrial sector. The Firm’s global industrial team manages a ~1000 property portfolio in the U.S. and Europe consisting of more than 250 million square feet. Clarion Partners is an independently operated specialist investment manager of Franklin Templeton. More information about the firm is available at www.clarionpartners.com.

MDH Partners is an Atlanta-based real estate investment company managing its discretionary funds targeting industrial real estate across the United States on behalf of its institutional investors. Founded in 2005 as the successor to a fifty-year-old local real estate development company, MDH Partners has led and/or participated in over $8 billion (100 million square feet) of acquisitions, developments, and asset management as an advisor and investor. For more information, visit www.mdhpartners.com