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E-commerce has attracted warehouse developers to an unlikely business prospect: turning old golf courses into distribution centers.

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First 95 Distribution Center will be on 8.4 acres at 1200 N.W. 15th St., which is just north of Atlantic Boulevard. The aim is to complete the 141,000-square-foot warehouse with 36-foot clear height in the third quarter of 2021.

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According to a new report from Cushman & Wakefield, due to the lack of available and higher priced Class A industiral product, investors are now targeting Class B, and in some cases Class C, seeking higher yields/returns—especially from those assets located near populated urban areas. CLICK ON THE HEADLINE FOR MORE