Lee & Associates South Florida Completes Three New Industrial Leases Totaling Nearly 150,000 SF
Lee & Associates South Florida President Matthew Rotolante and Vice President Conner Milford represented tenants in the deals.
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Lee & Associates South Florida President Matthew Rotolante and Vice President Conner Milford represented tenants in the deals.
Berger Commercial Realty Vice President Jonathan Thiel, Senior Vice President Keith R. Graves, CCIM and Sales Associates Daniel Forman represented the landlord in executing the lease.
The new-to-market financial tenant brings the building to 96% leased.
This site is composed of a 5,206-square-foot single tenant retail building sitting on a 46,494-square-foot lot.
The move will be catalyst to Chamber’s evolution, which will include a new identity package, enhanced programs, new website and more in the coming year.
The site is zoned for a variety of uses, including but not limited to, residential, office, retail and seniors housing.
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The tenant will occupy space previously occupied by Steinmart.
At 17,000 square feet, the building is relatively small, showing that the unquenchable investor appetite for industrial space has led to a scarcity of big properties for sale, and investor willingness to turn to smaller buildings.
The city of West Palm Beach donated five parcels of land for the project.
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