CORFAC News

Ft. Lauderdale, FL (July 10, 2012) – Netherlands-based maritime services firm Svitzer Salvage Americas Inc. has signed a 22,961-square-foot storage warehouse lease for a strategic operations center in Dania Beach FL, announced Morris Southeast Group/CORFAC International Principal Ken Morris, SIOR.

Morris represented Svitzer Salvage in the five-year lease for two adjacent bays located at Broward International Commerce Center (BICC), 345-349 N. Bryan Road, Building 500 in Dania Beach, FL. The company intends to use the space as storage warehouse for its salvage operations and occupancy is projected for September 2012.

Dania Beach is south of Ft. Lauderdale, north of Hollywood and about 22 miles from Miami. Specific terms of the lease could not be revealed but Morris said that “the deal package provided to Svitzer was attractive enough for them choose the BICC property over 11 other locations that we evaluated nearby. In addition, the two bay units under one roof are at the corner of the building and have the type of loading docks they required,” he said.

Morris believes that this is Svitzer Salvage's first salvage warehouse/operation center for the North American continent.

“Svitzer liked the location because it hit all three of its primary objectives of port access, airport proximity and convenience for employees from the tri-county area to get to work,” Morris said.

The ports include Port Everglades in Broward (County), Port of Miami in Miami-Dade (County)  and the Port of Palm Beach (in Palm Beach County), while Ft. Lauderdale/Hollywood International Airport is fewer than five miles away.

Since 1833 and based in the Netherlands, SVITZER has focused on providing safety and support at sea. The company has approximately 4,500 colleagues in some 40 countries with a fleet of more than 500 vessels that makes the firm one of the global market leaders in towage and emergency response in the maritime industry. In addition to traditional harbor, terminal and ocean towage services, Svitzer offers pilotage, fire fighting, pollution response, escort towage and salvage operations.

For Miami Tenant Representation, South Florida Commercial Property, Ft. Lauderdale Commercial Real Estate Broker and Landlord Representation in Broward, Dade and Palm Beach counties, contact Ken Morris, president of Morris Southeast Group/CORFAC International at (954) 474-1776 or visit www.morrissegroup.com.

About CORFAC International
U.S.-based CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services with market reach in 65 countries worldwide. In recent years, CORFAC firms have averaged 10,000 completed transactions annually encompassing nearly 100 million square feet and valued at more than $6 billion. For more information visit www.corfac.com.