DoveHill Closes on its Second Industrial Property in Pompano Beach, Florida, and plans to acquire three more this year

FORT LAUDERDALE, Fla., April 7, 2025 /PRNewswire/ -- DoveHill, a real estate investment firm known for its competitive edge strategies and ability to source off-market opportunities, continues to expand its presence in the industrial sector, a strategic vertical the firm entered in January 2024. Today, DoveHill is pleased to announce its second acquisition in this rapidly growing segment, with plans to acquire an additional two to four properties this year.

DoveHill's industrial strategy exclusively targets Class B industrial properties within the eastern Broward, Palm Beach, and Miami-Dade markets—areas characterized by historically low vacancies and robust tenant demand. DoveHill acquires properties below replacement cost, leverages deep institutional expertise and boots-on-the-ground market knowledge, and utilizes its experienced in-house team to enhance assets and secure top-of-market leasing terms. This disciplined approach allows investors to achieve strong returns while effectively mitigating risk.

DoveHill recently closed an off-market deal for a fully renovated, 25,000-square-foot Class B industrial property in Pompano Beach, Broward County. The building is fully leased to a publicly traded medical device manufacturer. Located in one of South Florida's tightest submarkets—with a vacancy rate of just 3.4%—the 100% air-conditioned facility benefits from strong fundamentals. Roughly $800,000 in recent capital improvements further boost its long-term income potential.

This acquisition underscores DoveHill's focus on executing its core strategy. By targeting sub-institutional assets valued between $5 million and $25 million in high-growth markets in Broward, Palm Beach, and Miami-Dade counties east of the Florida turnpike and I95, the firm seeks to capitalize on inefficiencies and generate compelling, risk-adjusted returns through disciplined execution.

Founder and CEO Jake Wurzak says, "This marks our second Class-B industrial acquisition in Broward County. These assets are becoming increasingly valuable due to their strategic, irreplaceable locations, the high cost of new development, and consistent demand from a broad range of tenants. We plan to acquire additional properties this year, and we expect this to grow into a substantial platform over the next five years."

Chief Investment Officer Charles Paloux adds, "We are committed to expanding our footprint in this sector. This is our home market, and we believe our local knowledge gives us a meaningful competitive advantage."

About DoveHill

DoveHill is a vertically integrated real estate investment firm with a growing presence in South Florida's industrial market. Focused on sub-institutional Class B assets in supply-constrained, high-demand submarkets, DoveHill leverages its deep market knowledge, in-house operational capabilities, and disciplined acquisition strategy to uncover value and drive strong, risk-adjusted returns. With a long-standing track record as an institutional hospitality investor, DoveHill brings significant operational and capital markets expertise to the industrial space. The firm offers investors a diversified real estate platform with opportunities across hospitality, industrial, and preferred equity investments—each grounded in a hands-on, value-driven approach to long-term wealth creation.

For more information about DoveHill:

Website: www.dovehillcos.com

Investor Contact: Investor Relations - [email protected] 

Media Contact: Clare Feraer - [email protected]

SOURCE Sunset View Advisors, LLC