Following these transactions, there remains only 76,373 square feet in the newly constructed Building H, featuring 2,330 square feet of modern office.
Fuse Specialty Appliances expanded from 18,650 square feet in Building F to 51,837 square feet into the newly constructed Building H.
Totaling 144,168 square feet, Building G is now 62% pre-leased. The project is currently under construction and on pace for a December 2021 completion.
The leases bring Hillsboro Technology Center’s Building E, a 123,290 square foot industrial building and Building F, a 151,852 square foot industrial building, to 100% leased.
The sales price equates to $193.00 per square foot.
The buyer, a local roofing and construction contractor, purchased the 1996-built facility for $4.5 million.
One tenant was represented by Ken Morris and Adriana Lilly of Morris Southeast Group, LLC. The other was represented by Rick Etner of Cushman & Wakefield and Adam Talbot, a former member of the Cushman & Wakefield Industrial Team. CLICK ON THE HEADLINE FOR MORE
The deal is one of the largest lease transactions signed this year in Palm Beach County. CLICK ON THE HEADLINE FOR MORE