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CenterPoint closed on a Class A portfolio in the heart of the Pompano Beach, FL, industrial submarket in the waning hours of 2025.
The three assets total nearly 468,000 square feet, pushing CenterPoint’s South Florida holdings past the 5.5 million square foot mark across 23 properties.
Roy Rosenbaum, CenterPoint’s East Region Senior Vice President of Investments, said the highly functional buildings at 1971-1991 Powerline Rd. are very well located and ideally configured to meet the demands of the bulk of logistics companies scouring Broward County’s limited available industrial inventory.
“These are highly efficient, modern facilities that give our tenants the right amount of space and the access they need to stay competitive in their industries,” said Rosenbaum. “This portfolio is emblematic of what our team is seeking in South Florida: Newer vintage warehouses with the flexibility to expand or demise as necessary to meet the demands of the majority of users in the greater South Florida metro. This acquisition was the perfect cap to what was already a very productive 2025 in the Southeast U.S. for our team,” Rosenbaum finished.
Bryan Won, CenterPoint’s East Region Vice President of Investments, said the three buildings all feature 32-foot clear heights, high door counts, high-quality finishes, 220-foot building depths and plenty of parking.
“Broward County is one of our favorite infill markets to target nationally because it’s so challenging to build here and land constrained, making it one of the country’s most competitive landscapes,” said Won.
By the end of January, the Class A, 2019-vintage portfolio will be 55% leased – including a fully vacant 173,000-square-foot building at 1991 N. Powerline.
Jonathan Guffey, CenterPoint’s Vice President of Leasing for the East Region, will lead the leasing effort.
“CenterPoint plans to leverage the building’s multiple storefronts by implementing a demising strategy that will allow us to accommodate a wide range of tenants seeking space in the Broward market,” Guffey said.
1971 Powerline Rd. is a rear-load facility, while 1981 and 1991 Powerline share a truck court. The properties are less than 3 miles from I-95 and 2 miles from the Florida Turnpike, giving users efficient access to Broward’s more than two million consumers. The portfolio is also 21 miles from Port Everglades, which set a record with more than 1.1 million TEU movements in 2025, according to port officials. $3 billion in long-term capital improvements are also in the works, according to the port.
CBRE National Partners represented the seller.
For CenterPoint Investment, Development, and Asset Management inquiries in the East Region, please contact:
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