Company Logistics Heart is offered for lease. Picture by Smith Aerial Pictures, courtesy of Woodmont Industrial Companions
Woodmont Industrial Companions, along with Butters Building & Growth, has accomplished Company Logistics Heart, a 252,848-square-foot, Class A industrial facility in Jupiter, Fla. Cushman & Wakefield is the unique leasing dealer for the property. This marks the partnership’s fifth accomplished mission.
The proprietor financed the event with a $25.8 million development mortgage, originated by Valley Nationwide Financial institution in October 2022, in response to CommercialEdge.
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Company Logistics Heart is at 15791 Company Circle and contains 36-foot clear heights, 60-foot velocity bays, two drive-in doorways, 48 dock doorways, a 3,800-square-foot workplace element, out of doors storage amenities, 247 automobile parking spots and 60 trailer parking spots. The asset is inside Palm Bach Park of Commerce, a 1,200-acre master-planned campus, which is designed for six.5 million sq. toes of future growth.
The 17-acre property permits entry to main thoroughfares and transport hubs—it’s close to State Street 710 and 19 miles from Port of Palm Seaside, 21 miles from West Palm Seaside, Fla. and 23 miles from Palm Seaside Worldwide Airport.
Bullish on South Florida
Woodmont Industrial Companions has a number of different ongoing initiatives in South Florida. As a part of its strategic growth within the area, the corporate partnered with Butters Building & Growth for 3 different initiatives. The partnership began web site work for a 2.1 million-square-foot industrial growth in Fort, Myers, Fla. The 14-building mission can be delivered over the following three years.
In July, the identical two corporations, along with PCCP, LLC, began development on the primary of an eight-building mission inside Palm Seaside Park of Commerce. The primary constructing will complete 303,364 sq. toes of Class An area and is anticipated to be delivered in 2024.
