7 / 44
7
Executive Summary
The Palm Beach Industrial Market is one of the most fundamentally sound in the
nation, particularly from an investment prospective. Robust industrial demand is
being buoyed by a local economy in self sustaining expansion, with most industries
growing and adding workers.
Due to increasing land values and construction costs, new competitive supply
of small bay industrial assets has been severely limited. Investors will enjoy the
opportunity to acquire a stabilized portfolio while having the ability to organically
grow rents on an immediate basis.
Portfolio Facts
Portfolio Square Footage:
95,720 RSF
Occupancy:
99%
# of Tenants:
37
Land Area:
6.38±
Zoning:
Westroads - General Industrial; Dyer - Limited
Industrial; 42nd Terrace - Industrial (IE)
Parking:
1.65/1,000 SF
Pricing:
Unpriced
In-Place NOI:
$594,978