According to the National Association of Realtors’ Commercial Real Estate Metro Market Conditions Index, CRE metro markets were particularly hot in the Sun Belt and West, with Florida walking away with the top five out of 16 markets.

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Palm Beach County has a significant need for new industrial space. In the most recent quarter, tenant demand was so high that leasing volume slowed substantially due to a lack of available spaces and new projects,

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The building would have 31,500 square feet of warehousing and 3,000 square feet of office, along with 60 trailer loading docks lining the building.