Ambrose Completes Lease-Up of 246,000-SF Industrial Asset In Palm Beach With 2 Lease Deals
Niagara Bottling, a leading bottled water company, and Meyer Tool, a high-tech aerospace parts manufacturer, have both signed leases at the building.
Niagara Bottling, a leading bottled water company, and Meyer Tool, a high-tech aerospace parts manufacturer, have both signed leases at the building.
The transaction adds a fully leased property to Dalfen’s growing portfolio.
PEBB Enterprises and Banyan Development continue to target the Treasure Coast region for strategic investment opportunities, with a particular focus on rapidly growing Port St. Lucie.
The 211,547-square-foot industrial facility is situated on 12.71 acres.
Built in 1995, the warehouse was previously owned by Cabot Properties, which acquired it in 2019 for $33 million.
Beck represented the seller, Midtown Capital, led by Zach Fox, in the sale. The property was acquired by Adler Properties.
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The 25-acre property will soon feature three state-of-the-art buildings ranging from 60,000 to 300,000 square feet.
Before joining Transwestern, he served as Executive Managing Director and Principal at Colliers, overseeing approximately 400 professionals while leading Atlanta’s operations and partnership.
Stream’s Managing Directors and Executive Vice Presidents Nick Wigoda and Steve Medwin will lead the leasing efforts on behalf of ownership.
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