CONSHOHOCKEN, PA — Seagis Property Group has broken ground on a new speculative industrial development in Dania Beach, Florida, betting that persistent supply constraints in South Florida will continue to fuel demand for modern warehouse space.
The privately held real estate firm said the 51,575-square-foot project at 3410 SW 26th Terrace is scheduled for completion in the third quarter of 2026. The 32-foot-clear facility will feature 15 dock doors, two drive-in doors, and on-site parking, targeting tenants seeking flexible logistics and distribution space.
The development will complete Seagis’ three-building Port 95 industrial park, located in what the company describes as one of Broward County’s most competitive and institutional submarkets.
“The property’s location is highly strategic and in the most institutional submarket in Broward County,” Bradlee Lord of Seagis Property Group said. “There is limited opportunity to develop or acquire industrial product, and we are excited to introduce new modern warehouse space that caters to Broward’s most in-demand size range of 20,000 to 30,000 square feet. This will complete the evolution of our park in Port 95.”
Industrial real estate across South Florida has faced tightening availability in recent years as population growth, port activity, and e-commerce demand have converged, leaving few sites suitable for new development. Speculative projects, once considered higher risk, have increasingly become a way for developers to capture unmet tenant demand in constrained markets.
The Dania Beach project is being marketed for lease by Berger Commercial, with Jonathan Thiel, Daniel Forman, Keith Graves, and Lawrence Oxenberg handling brokerage efforts.
Founded in 2005 and headquartered in Conshohocken, Pennsylvania, Seagis Property Group focuses on the acquisition and development of industrial properties in major logistics hubs along the Eastern Seaboard. The firm’s portfolio spans more than 13 million square feet across approximately 200 buildings in New Jersey, New York City, and South Florida.
With construction now underway, Seagis is positioning the Port 95 expansion as a timely addition to a market where new industrial supply remains scarce and competition for modern space continues to intensify.
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