Flagler Global Logistics (FGL) has fully leased Building 1 at its new South Florida Logistics Center (SFLC) adjacent to Miami International Airport, along with more than 600,000 square feet of industrial space at its Flagler Station business park.
The brisk leasing activity caps off a landmark year in which the company also welcomed new executive team members, underwent a rebranding, and introduced a cold chain treatment process that was approved by the US Department of Agriculture (USDA).
In 2013, FGL appointed supply chain industry leader and former Winn-Dixie executive Chris Scott as president and chief executive officer. The company also added commercial real estate veteran Daniel Marcus as executive vice-president of development.
Over the past year, FGL delivered or started construction on more than one million square feet of Class-A industrial space at the company’s new intermodal facility—the SFLC—and its flagship Flagler Station business park. FGL also has four other strategic industrial park projects throughout Florida in the pre-development phase.
The SFLC officially opened for business with the October inauguration of Building 1—a 170,000-square-foot industrial warehouse facility featuring 60,000 square feet of refrigerated space. The center’s expansion plans, which call for development of up to two million square feet of industrial space at the 200-acre site, will compound in 2014—the company has already started construction on two new buildings totaling 380,000 square feet. A little more than a month after opening, the center received USDA approval for an eco-friendly treatment method of produce that helps in preserving the cold chain for fruits and vegetables, extending their shelf life.
At Flagler Station, South Florida’s largest business park which has its own turnpike interchange and is home to companies such as Ryder, Crowley, and FedEx, FGL completed construction on the 171,668-sq-ft Building 30 and 171,994-sq-ft Building 31. The company also broke ground on Buildings 32 and 34, which combined will add an additional 500,000 square feet plus of prime industrial space.
Chris Sutton, vice-president of business development, has led the commercial leasing charge at both the SFLC and Flagler Station, closing nearly 750,000 square feet of industrial lease transactions between the two properties in 2013.
FGL, which provides third-party logistics services including its USDA -approved cold chain treatment, opened its new 114,187-sq-ft distribution center at SFLC. The Goodyear Tire and Rubber Company leased 28,682 square feet of space for operations. Flying Food Group also leased 28,676 square feet of space for operations. Both companies were represented by David Albert, SIOR, Devin White, and Andrew Lehrer of CBRE.
As the company’s logistics services capabilities and product offerings expand worldwide in step with customer demand, the company has rebranded from South Florida Logistics Services to become Flagler Global Logistics.
For more information, access www.flaglergl.com.