Jones Lang LaSalle Inc.

12/05/2025 | Press release | Distributed by Public on 12/05/2025 11:17

JLL arranges the sale of premier Broward County industrial campus

MIAMI, Dec. 5, 2025 -  JLL Capital Markets announced today the sale of Westport Business Park, an institutional-quality light industrial campus comprising three buildings totaling 199,731 square feet in Davie, Broward County, Florida.

JLL represented the seller and procured the buyer, Westport BP LLC, a commitment by the owners of Arnet Pharmaceutical with support of TD Bank.

The fully leased property sits strategically along Davie Rd. directly off the Interstate 595 interchange, providing excellent access to Florida's Turnpike, U.S. Route 441, Interstate 75 and Interstate 95. The campus houses a diversified tenant roster across pharmaceutical, healthcare, aerospace, mechanical engineering, food and beverage and construction industries.

Additionally, the property benefits from proximity to major transportation infrastructure, including Fort Lauderdale-Hollywood International Airport and Port Everglades, both within a 15-minute drive. This accessibility provides reach to a population exceeding 6.5 million within a 90-minute drive time.

The JLL Investment Sales and Advisory team was led by Senior Managing Director Luis Castillo, Managing Director Cody Brais, Associate Taylor Osborne and Analyst David Orta Jr.

"Westport offered the rare opportunity to acquire a versatile, institutional campus of last-mile light industrial assets in Broward County," said Castillo. "With accelerated capital appreciation driven by high barriers to entry in a supply-constrained market, investors recognize the strategic value in this premier high-growth coastal market."

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients - whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL's newsroom.

About JLL

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

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