Atlanta-based developer Robinson Weeks Partners has disposed of the Pompano Distribution Center I. A member company of Zurich North America, advised by Zurich Alternative Asset Management, picked up the 202,210 sqf Class A distribution warehouse for $23.6 million. The modern, rear-load distribution center was built in 2014 and features 32 foot clear heights, 125 foot truck courts with 60 foot concrete aprons, T–5 lighting and excess trailer storage. Pompano Distribution Center I was 100 percent leased at the time of sale with tenants including Restoration Hardware, Sunbelt Marketing and RWC, Inc. Cushman & Wakefield’s South Florida Industrial Team represented the seller in the sale. “Investors showed tremendous interest in Pompano Distribution Center I,” said Executive Director Mike Davis, Cushman & Wakefield. “South Florida is one of the top three industrial investment markets in the U.S., along with Northern New Jersey and Southern California. Many saw this as a gateway market investment opportunity.”
