Cushman & Wakefield’s South Florida Industrial Team Signs Full-Building Industrial Lease
“This free-standing, single-user industrial building is a rare find that is in high demand in today’s highly competitive industrial market,” said Etner.
“This free-standing, single-user industrial building is a rare find that is in high demand in today’s highly competitive industrial market,” said Etner.
The 155,508-square-foot industrial asset sold for $17 million.
Les Byron of Sperry Van Ness represented the tenant.
A leading developer and manufacturer of pet medication is expanding its presence within Palm Beach Park of Commerce, with plans to add 40+ high-paying jobs.
The Cushman & Wakefield South Florida Industrial Team – Christopher Thomson, Alex VanDresser, Rick Etner, Chris Metzger and Matt McAllister – represented the landlord, Cabot Properties, in the lease negotiations.
The deal marks a 12,000-square-foot expansion.
The warehouse has 71,000 square feet of space available for lease for $7.25 per square foot, according to an online listing.
The tenant is a startup company that expects to create 90+ new jobs in the region over the next five years. CLICK ON THE HEADLINE FOR MORE
The facility, which will house one of the country’s leading distributors of Italian food products, will also have a retail cafe available to employees of the corporate park and the public. CLICK ON THE HEADLINE FOR MORE
The Cushman & Wakefield South Florida Industrial Team of Chris Metzger, Rick Etner, Christopher Thomson and Matthew G. McAllister represented the landlord, Bristol Powerline, LLC, in the lease negotiations. CLICK ON THE HEADLINE FOR MORE
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