Woodmont Industrial Partners and Butters Construction & Development announced the start of construction at 15791 Corporate Circle in Jupiter, Florida. Located within the Palm Beach Park of Commerce, the 16-acre site will feature a 250,000-square-foot warehouse logistics facility, which is expected to reach completion in the second quarter of 2023.
The first phase of Mahogany Pointe Logistics Park is continuing construction in Central Florida. The phase will offer two buildings (measuring 150,480 square feet and 156,960 square feet each) and serve as class A industrial space, offering rear-loading decks, speed bays, and various other amenities.
Construction has officially started on the Manatee County Logistics Center in Bradenton, Florida. The $303 million venture requires more than 550,000 square feet of new construction and will comprise industrial space.
Gridline Properties, a leading South Florida commercial real estate brokerage, announces the sale of 1426-1486 Skees Road in West Palm Beach for $16 million to Alliance Partners HP, LLC, an eponymous enterprise for the Bryn Mawr, Pennsylvania-based commercial real estate investment firm, which also has an office in Fort Lauderdale. The 8.26-acre property just West of Florida’s Turnpike is comprised of nine industrial buildings totaling 73,130 square feet, sold by GC Skees Industrial LLC. Yonatan Missika of Gridline Properties represented both sides of the deal, marking one of the highest price-per-square-foot trades in the county at $217-per-square-foot.