Costco is sticking with Sunrise. The retail giant has renewed its lease for roughly 83,833 square feet at the International Center in the west Broward city, keeping a major distribution foothold just outside Fort Lauderdale. The deal secures Costco's space at the two-building complex on International Parkway and highlights steady demand for big-box industrial space in Broward County. For local property owners, hanging on to a credit tenant like Costco helps steady cash flow while the industrial market gradually finds its footing again.
The lease covers space at 800–900 International Parkway, according to CoStar, which reports that Costco Wholesale Corp. renewed for 83,833 square feet at the International Center. CoStar's subscriber listing also names brokers tied to the transaction, including Cushman & Wakefield's Matthew McAllister and Eric Cantor, along with JLL's Sky Groden.
Building details and recent ownership
The International Center is marketed as a multi-building distribution campus at 800–900 International Parkway. CBRE's leasing brochure highlights front-loading truck courts, 19 dock doors and roughly 26-foot clear heights across the combined buildings. CBRE lists available suites in typical modern warehouse sizes and calls out the property's fast access to I-595, I-75 and the Sawgrass Expressway. The complex was part of a Broward industrial portfolio that traded to Elion Partners from Blackstone/Link Logistics in late 2024, according to reporting by The Real Deal.
Market context
Costco's renewal lines up with broader national industrial trends. Cushman & Wakefield's Q4 2025 U.S. industrial briefing found vacancy rates stabilizing and leasing demand improving for modern logistics space. At the same time, Costco is still in growth mode, telling investors it expects roughly 28 net new warehouse openings in fiscal 2026, along with ongoing remodels, which keeps pressure on landlords to deliver high-quality distribution locations and build-to-suit options.
For Sunrise, the renewal keeps a key infill logistics hub humming, supporting nearby stores and regional distribution networks. Local owners and brokers will be watching to see if this deal sparks more renewals or fresh leases as South Florida's industrial market inches closer to balance.
