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IN THE NEWS

Vital Pharmaceuticals pays $35M for Pembroke Pines warehouse

Vital Pharmaceuticals paid $35 million for a new warehouse in Pembroke Pines, which it plans to use as its new headquarters. The sports supplement company purchased the 224,572-square-foot industrial property for $155 per square foot from Helms Development and Core5 Industrial Partners, records show. The 11.6-acre site at 20311 Sheridan Street formerly housed a women’s state prison. (more…)
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Energy drink maker buys distribution center for $35M

Vital Pharmaceuticals, the maker of Bang energy drinks and other health-focused products, acquired a new distribution warehouse in western Pembroke Pines for $35 million.

South Florida Distribution Center Building A LLC, a partnership between Atlanta-based Core5 Industrial Partners and Helms Development, led by Scott Helms, sold the 224,572-square-foot warehouse at 20311 Sheridan Street to Sheridan Real Estate Investment A LLC, managed by John H. Owoc, the head of Weston-based Vital Pharmaceuticals, also known as VPX.

 
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PRESS RELEASES

Core5 Industrial Partners Leases 1.2 Million Square Feet to Saddle Creek Logistics Services for Largest Industrial Lease to Date in Atlanta Regio

ATLANTA, April 23, 2018 – Atlanta-based Core5 Industrial Partners announced today a full-building lease in their Southwest 85 Logistics Center location to Saddle Creek Logistics Services, a provider of supply chain solutions for retailers, manufacturers, and ecommerce companies. Saddle Creek will provide distribution services on behalf of a leading home improvement retailer for their locations across the Southeast. The 1,208,301 million-square-foot building will deliver this summer. Southwest 85 is located on a 109-acre site at Exit 51 in the I-85/Southwest Atlanta submarket. (more…)
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