The 14 small-bay warehouses in Powerline Business Park last tradedĀ for $62.25 million in 2019. This solid gain in property value reflects the growth of industrial rents in Broward County.
https://rrcra.com/wp-content/uploads/2024/01/Powerline-Business-Park_Photo-Provided-By-Cushman-Wakefield-770x320-1.jpg400800ADMINhttps://rrcra.com/wp-content/uploads/2024/02/Roberton-RRCRA-White-Bckgd-300x225.pngADMIN2024-01-29 15:18:312024-01-29 15:18:31Deerfield Beach Warehouses Sold For $72 Million
The tri-county region experienced a slight uptick in empty warehouse spaces in the fourth quarter, even though tenant demand remains high ā except in Broward. Still, industrial landlords kept increasing asking rents.
CBRE was hired as the exclusive agent for the redevelopment of three sites totaling approximately 80 acres across Riviera Beach. The City intends to optimize existing City owned parcels and replace aging structures by developing a mix of residential, commercial, and retail space.
Deerfield Beach Warehouses Sold For $72 Million
The 14 small-bay warehouses in Powerline Business Park last tradedĀ for $62.25 million in 2019. This solid gain in property value reflects the growth of industrial rents in Broward County.
South Florida Industrial Asking Rents Rise In The Fourth Quarter
The tri-county region experienced a slight uptick in empty warehouse spaces in the fourth quarter, even though tenant demand remains high ā except in Broward. Still, industrial landlords kept increasing asking rents.
City Of Riviera Beach Looks To Redevelop 80 Acres
CBRE was hired as the exclusive agent for the redevelopment of three sites totaling approximately 80 acres across Riviera Beach. The City intends to optimize existing City owned parcels and replace aging structures by developing a mix of residential, commercial, and retail space.