Woodmont Industrial Partners, Butters Construction & Development Break Ground On Distribution Park
Woodmont Industrial Partners (Woodmont) and Butters Construction & Development (Butters) announced the start of construction for Andrews Logistics Center, a ground-up industrial development in Pompano Beach.
Located at 1698 Andrews Avenue, the distribution park will bring 84,000 square feet of Class A industrial space to market.
In addition to ample square footage, Andrews Logistics Center will feature 32’ clear height, 16 loading docks, two ramps, a 120’ truck court and surface parking. Woodmont and Butters acquired the site in April 2021. The Butters organization will serve as the exclusive leasing agent for Andrews Logistics Center.
“Broward County’s industrial market is thriving, and with low vacancy rates and expansion expected to continue, we’re certain Andrews Logistics Center will be met with a positive response,” said Anthony Amadeo, Executive Vice President of Woodmont. “Woodmont is thrilled to embark on this project with long-time partner Butters. With a track record of developing valuable assets that meet tenant needs across South Florida, we look forward to continuing this successful partnership and contributing to the prosperity of Broward County.”
Located at the corner of NW 15th Avenue and N. Andrews Avenue, Andrews Logistics Center provides excellent access to South Florida’s major road arteries such as I-95, Florida Turnpike and Dixie Highway. The site is less than 15 miles from Fort Lauderdale International Airport, the Boca Raton Airport, Sawgrass Expressway and Port Everglades.
“Pompano Beach is a market in demand where we have targeted scarce industrial space, catering to mid and small companies,” said Adam Vaisman, Senior Managing Director of Butters. “Butters is continuing to execute on its strategy of delivering another Class A Asset with Woodmont. Given the low amount of industrial buildings under construction, along with the limited amount of land in Broward County, we are ecstatic to bring this much needed facility to market.”
With Amadeo and Executive Vice President Lewis Zlotnick at the helm, Woodmont remains active in the South Florida market. The company’s industrial activity remains steadfast, with approximately 8 million square feet of industrial space in its active pipeline for development and/or renovation across the Northeast and southern states such as Florida and Texas.
Woodmont has executed several key acquisitions, groundbreakings and completions in South Florida over the past year. Most recently, the team developed two additional construction projects – also in partnership with Butters – for a 300,000-square-foot Class A industrial facility at 15430 Corporate Road North in Jupiter, and a project in Fort Myers that will yield 2.1 million square feet across 14 buildings delivered over the next three years. Woodmont and Butters also celebrated the full lease-up of 7th Avenue Logistics, a newly completed 75,989-square-foot Class A warehouse and distribution center in Lake Worth, and the completion of a Corporate Logistics Center, 252,848-square-foot, ground-up industrial development in the Palm Beach Park of Commerce, where the team is developing over 2 million square feet.
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