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Rendering of 15430 Company Street N. All photos courtesy of Woodmont Industrial Companions -
Rendering of 15430 Company Street N. -
Improvement web site
Woodmont Industrial Companions, in partnership with PCCP LLC and Butters Development & Improvement, has damaged floor on the primary of eight amenities that it plans to construct inside Palm Seashore Park of Commerce in Jupiter, Fla. Builders began work on a 303,364-square-foot Class A constructing, set to come back on-line within the second quarter of 2024.
This groundbreaking represents Woodmont’s third challenge inside Palm Seashore Park of Commerce, a 1,200-acre master-planned industrial park, designed to embody 6.5 million sq. ft of house, with parcel sizes ranging between 1 and 45 acres. It’s at present house to greater than 70 firms and is the most important totally entitled developable industrial product within the South Florida area. It contains entry to overseas commerce zones, rail companies and main transportation infrastructure. Cushman & Wakefield is the appointed leasing agent for your complete industrial park.
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The partnership bought the 20-acre growth web site in December 2021 for $6.6 million, Palm Seashore County public information present. The identical supply reveals that Hartford Fireplace Insurance coverage Co. has offered a $27.5 million building mortgage.
Taking form at 15430 Company Street N., the constructing will embrace 40-foot clear heights, 43 dock excessive doorways, 60-foot pace bays, 196-foot truck courts, 206 car parking spots and 26 trailer parking spots.
The event is nineteen miles from Port of Palm Seashore, 23 miles from Palm Seashore Worldwide Airport and inside 45 miles of Boca Raton, Fla. Moreover, tenants could have entry to Fort Lauderdale, Fla., Miami and Port St. Lucie by way of Interstate 95 and Florida Turnpike.
Woodmont’s current growth
Woodmont has been lively within the South Florida area up to now 12 months, with current tasks together with a 250,000-square-foot logistics middle in Jupiter and a 75,989-square-foot industrial challenge in Lake Value, each developed in partnership with Butters Development.
Woodmont’s Northeast pipeline contains 8 million sq. ft of house, with growth and renovation tasks underway. In January, the corporate partnered with EverWest Actual Property Buyers for an industrial growth in South Brunswick, N.J., consisting of the renovation and growth of a 145,000-square-foot logistics facility.
