The move will result in the creation of 100 new job opportunities within the next three years.
Colliers Executive Vice Presidents Michael Falk and Scott Weprin, Senior Associates Jason Weprin, Robert Dabrowski, and Associate Jonathan Temple represented the landlord, McCraney Property Company, in the deal. Managing Director and Partner David Kendall of SVN Safe Haven Advisors represented the tenant, GummyWorks, in the lease negotiations.
The company is based in Fulton, Maryland.
The company expects to invest more than $36 million into more than 140,000 sq. ft. of precast concrete manufacturing facilities and administrative offices, located on approximately 94 acres in Belle Glade.
Local retailers and restaurants would also suffer from the loss of nearly 2,000 employees currently working at the office. CLICK ON THE HEADLINE FOR MORE
The center is scheduled to open late next year and will be on 72 acres behind the Regal Royal Palm Beach Stadium 18 cinema on the west side of State Road 7. CLICK ON THE HEADLINE FOR MORE
Palm Beach County was competing with Broward and Miami-Dade counties for the Aldi warehouse. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
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