The land price at 2850 and 2886 Ranch House Road equated to $1.14 million per acre. With close proximity to the airport and downtown West Palm Beach, the site could be ideal for a distribution facility.
Demand, pricing, rents—they all favor the industrial industry right now. But experts in this category do have some juggling to do. Navigating this environment takes skill. With the challenges in mind, GlobeSt selected their annual group of industrial influencers based on the accomplishments and impacts made on the industry.
With dynamics unique to each sector, the recovery of South Florida’s office and industrial markets continued through the first half of 2021,