March 2026 - Harbert Management Corporation Sells Elevate Broward Small-Bay Industrial Portfolio

HMC is proud to announce the sale of a small-bay industrial portfolio, Elevate Broward, comprising 11 buildings in Lauderdale Lakes and Lauderhill, Florida.

Leased to over 100 tenants, the portfolio features a diverse mix of shallow-bay warehouse units totaling 354,336 square feet, and is strategically positioned in the center of Broward County, a severely supply-constrained industrial market.

Our U.S. Real Estate strategy is centered on achieving both income and capital appreciation through a diverse portfolio, which spans multifamily, industrial, retail, and office sectors across key regions nationwide.

This transaction serves as a testament to our value-added approach and reflects the successful execution of our investment strategy: a focus on properties that are undervalued and possess significant potential for enhancement through targeted capital improvements, lease strategies, and tenant mix adjustments.

Read more in The Real Deal here.