Building Supply Company Signs 31,000 SF Lease

CBRE arranged a lease for Raymond Building Supply Corporation at Pompano Business Park in Pompano Beach. The company signed a lease for 31,105 square feet at 2510 W. Copans Road.
Occupancy is set for January 1, 2014. CBRE represented both the property owner, Invesco, and the tenant in the transaction.
The company, which is expanding to accommodate increased demand as South Florida’s construction and home-building industries rebound, will relocate from its current location at 1501 Green Road in Deerfield Beach. The new location will serve as the company’s main distribution center servicing southeast Florida.  This facility will provide a newly expanded showroom to cater to both the professional builder and retail customer.
“We are working with numerous housing/construction-related tenants that are seeing a lot of opportunity in the tri-county market due to the housing rebound,” said CBRE Senior Associate Allen Lindow, who represented the tenant.
“Pompano Business Center offered Raymond a great location and excellent frontage in the heart of contractor’s row,” said CBRE Vice President Tom O’Loughlin, who represented the landlord.
Built in 2003, Pompano Business Center is a 679,546-square-foot Class A Distribution Park with frontage on Copans Road conveniently located close to I-95 and the Florida Turnpike.
Raymond Building Supply Corporation has been serving building industry professionals since 1957. The scope of the company’s products and services, including residential doors, commercial doors, custom millwork, installation services, and much more, has grown, driven largely in part by a corporate culture that is rooted in small business principles and a quality assurance program that ensures customer satisfaction.
Lindow and O’Loughlin are part of CBRE’s Industrial Services team and are based in Fort Lauderdale.



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