The Broe Group

U.S. Census Bureau is Newest Addition to River Ridge Commerce Center New multi-purpose facility keeps major employer in the region for decades to come Charlestown, Ind. – October 14, 2024 – Broe Real Estate Group (BREG), the multi-billion-dollar Colorado based developer, has signed a long-term lease with General Services Administration (GSA) in River Ridge Commerce Center that retains a major local employer in Southern Indiana for another 20 years. The 340,000 SF office, production, and warehouse facility, located at 1751 Penny Martin Lane, will house the U.S. Census Bureau’s National Processing Center. GSA is the federal agency tasked with administering supplies and providing workplaces for federal employees, including policy oversight and guidance for federal real property management.   The new lease allows the U.S. Census Bureau, a major employer in Southern Indiana for the past 60 years, to consolidate its operations from multiple buildings within its original 80-acre local campus into a new, single facility specifically designed for its evolving operations.  #CommercialRealEstate #Logistics River Ridge Development Authority

The Broe Group welcomes Kevin Caille as the new SVP for Broe Real Estate Group’s Southeast region. “The demand for industrial space within the Savannah market remains robust and we see even greater opportunity ahead,” said BREG CEO Douglas N. Wells. “Kevin is the ideal addition to lead our regional growth.” In his new role, Caille will launch phase two development of 2,600-acre Savannah Gateway Industrial Hub and continue Southeast market expansion. This development features dual rail service from CSX and Norfolk Southern, as well as strong proximity to the Port of Savannah, which continues its streak as the fastest-growing port in the United States. “Savannah Gateway Industrial Hub is a generational development opportunity that has captured the attention of industry leaders in Georgia,” said BREG Senior Vice President Kevin Caille. “I am excited to build on the reputation Broe Real Estate Group has earned in the market to expand our reach throughout the Southeast and East Coast.” #SavannahGateway #CommercialRealEstate #Logistics Georgia Department of Economic Development OmniTRAX, Inc.

The Broe Group and Hudson Valley Parking Trust Acquire Platinum Parking Bolt-on acquisition adds 100,000 parking spaces in 19 new markets, creating new national parking platform   DALLAS – August 19, 2024 – The Broe Group, a multi-billion-dollar, privately-held investment company with holdings in strategic markets across the United States, has joined Hudson Valley Parking Trust to acquire 100% of Dallas-based Platinum Parking. The new acquisition expands the parking partners’ operational reach into 19 new markets across six high growth states. Platinum Parking is the group’s second major parking operation acquisition in the past 30 days. Pairing The Broe Group’s deep real estate knowledge with Hudson Valley Parking Trust’s extensive parking operational experience, the partners previously acquired ICON Parking on July 22, 2024. “The acquisition of Platinum Parking provides market expansion into the nation’s highest growth centers, while broadening the reach of a true customer-focused parking network,” said Hudson Valley Parking Trust founder Jerry Skillett. “We are redefining the parking experience for our customers and market expansion provides greater opportunities to serve more customers in more markets.” Platinum Parking adds more than 100,000 spaces in 300 locations. The Broe Group’s five decades of real estate acquisition expertise support Hudson Valley Parking Trust’s planned market expansion within the $9.4 billion parking industry. “Platinum Parking adds complementary operations in strategic markets to create a national parking platform,” said The Broe Group’s Chief Investment Officer Carl Peterson. “Our joint venture with Hudson Valley Parking Trust will continue to assess strategic acquisitions and organic growth opportunities.” Led by industry leader Jerry Skillett, Hudson Valley Parking Trust is a global parking platform with a proven record of successful industry acquisitions and asset management. In addition to the July acquisition of ICON Parking, Skillet has extensive experience in large scale parking operations and acquisitions, including constructing and operating national and international parking platforms.    

Global Equipment Logistics Leader Selects The Broe Group’s Savannah Gateway Industrial Hub for Debut US Facility SAVANNAH – August 14, 2024 – The Broe Group’s Savannah Gateway Industrial Hub (SGIH) has added global equipment logistics leader Aertssen Logistics, USA to the 2,600-acre industrial park near the Port of Savannah. The 380,800 square foot Aertssen equipment processing center is the Belgium company’s first US based operation. Aertssen Logistics is a division of Aertssen Group NV. The new facility in the United States offers comprehensive logistics services, indoor and outdoor storage, and customized technical services. Its strategic location near the Port of Savannah, a key hub for the southeastern United States, makes the 35-acre facility an ideal logistics center. To support the development of this site, Aertssen Logistics selected The Broe Group as its strategic partner, leveraging their real estate expertise to ensure the facility meets the highest standards for operational efficiency and aligns with Aertssen’s long-term growth strategy.

The Broe Group and Hudson Valley Parking Trust Acquire ICON Parking New partnership plans long-term growth of New York parking giant   NEW YORK – July 22, 2024 – The Broe Group, a multi-billion-dollar, privately-held investment company with holdings in strategic markets across the United States, has joined Hudson Valley Parking Trust to acquire 100% of New York City’s largest parking company, ICON Parking. Led by industry leader Jerry Skillett, Hudson Valley Parking Trust is a global parking platform with a proven record of successful industry acquisitions and asset management. The new collaboration combines The Broe Group’s deep real estate knowledge with Hudson Valley Parking Trust’s extensive parking operational experience.