Recent IDI Logistics Leases Reflect Industrial Demand in Florida

More than 415,000 square feet leased in 2015

ATLANTA (September 24, 2015) – IDI Logistics, a leading global investor and developer of logistics warehouses and distribution parks, today announced a number of high-profile deals in the Florida market. The seven leases, totaling 417,704 square feet, reflect a trend of positive growth in the area.  

IDI Logistics has recently signed leases in Florida with Norgay Corporation, Video Equipment Rentals, Medical Specialties Distributors, WEMA USA, Conquest Manufacturing, and STS Component Solutions.

“The variety of industries represented by these leases signify a market-wide increased demand for industrial space in Florida. Jobs, population and consumer confidence have been driving expansion for industrial space across the state,” said Scott Helms, Regional Director in IDI Logistics’s Fort Lauderdale office. “Florida continues to be one of the nation’s top industrial markets because of its access to major thoroughfares and proximity to Latin America. We will continue to provide what customers expect from us: the highest quality and best-located industrial space in the market.”

IDI Logistics is poised to continue forward momentum in Florida with the capacity to develop 4.0 million square feet in key logistics hubs throughout the state. In addition to the space leased year to date, IDI Logistics’s 167,175 square-foot Davie Business Center Building B is under construction and is scheduled for completion in early 2016. The company is invested in prime distribution locations with land holdings ready for development of an additional 990,000 SF in Davie, 618,000 SF in Pompano, 707,000 SF in Orlando, 450,000 SF in Tampa, and 1.3 million SF in St. Lucie County.

For further information please contact:

IDI Logistics
Reed Barrickman

About IDI Logistics
IDI Logistics is one of the world’s leading investors and developers of logistics warehouses and distribution parks with 57 million square feet of premier assets under management and additional prime land sites to develop another 50 million square feet of distribution facilities near major markets and transport routes in North America.