Cushman & Wakefield Arranges 35,000 SF Industrial Lease
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.
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.
“I am looking forward to a rewarding new year in commercial real estate,” said 2021 NAIOP South Florida Chapter President Ryan Nee. “As president, I will work to facilitate new alliances among members that will support personal, professional and economic development throughout the tri-county. While the pandemic limited face-to-face engagement in 2020, we are eagerly committed to offering new ways for our members to engage and thrive in 2021.”
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
The company, which currently occupies approximately 12,000 square feet, is expanding its footprint to accommodate a growing demand from new Florida homebuyers. CLICK ON THE HEADLINE FOR MORE
Chris Metzger, Rick Etner, Chris Thomson, and Matthew G. McAllister represented the owners in the transactions. CLICK ON THE HEADLINE FOR MORE
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