Pella Warehouse & Distribution Center
Chase Properties is pleased to announce the acquisition of the Pella Warehouse & Distribution Center, a 268,000-square-foot industrial property located in Medley, Florida, one of the most active and high-demand submarkets within the Miami-Dade industrial real estate market. The transaction closed on January 4, 2025.
This mission-critical facility is 100% leased to Pella Corporation, a nationally recognized manufacturer of windows and doors. Strategically positioned near major logistics routes, the property serves as a vital manufacturing and distribution hub for Pella’s Southeast U.S. operations.
“This acquisition aligns with our strategy to grow in high-performance logistics markets backed by strong tenant credit and modern, functional assets,” said Yoel Mayerfeld, Co-CEO of Chase Properties. “South Florida’s industrial market continues to benefit from e-commerce growth, population expansion, and a limited supply of available land—all contributing to rising demand and rental rates.”
The acquisition strengthens Chase Properties’ industrial investment portfolio, expands its presence in Florida’s logistics corridor, and reflects a continued commitment to acquiring high-quality industrial real estate in top-performing U.S. markets.
We’re proud to partner with Pella and look forward to supporting their long-term growth in the region.
