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Executive Summary
JUPITER
JUNO BEACH
PALM BEACH GARDENS
NORTH
PALM BEACH
WEST PALM BEACH
RIVIERA BEACH
LAKE PARK
PALM BEACH
SHORES
PALM BEACH
ROYAL PALM BEACH
GOLDEN LAKES
HAVERHILL
WELLINGTON
GLEN RIDGE
PALM SPRINGS
LAKE WORTH
ATLANTIS
SOUTH PALM BEACH
MANALAPAN
HYPOLUXO
BOYNTON
BEACH
RAINBOW LAKES
OCEAN RIDGE
SUN VALLEY
DELRAY
BEACH
KINGS POINT
BOCA RATON
BOCA WEST
John Macarthur Beach Sp
al Wildlife
Okeeheelee County Park
Whispering Pines State Park
South West Park
E Indiantown Rd
Ocean Blvd
Donald Ross Rd
Central Blvd
Bee Line Hwy
Northlake Blvd
Pga Blvd
10th Ave N
Lake Worth Rd
Forest Hill Blvd
Lantana Rd
Hypoluxo Rd
S Ocean Blvd
W Boynton Beach Blvd
E Atlantic Ave
El Clair Ranch Rd
Hagen Ranch Rd
Clint Moore Rd
N Federal Hwy
l Hwy
N Federal Hwy
N Dixie Hwy
Okeechobee Blvd
S Olive Ave
Southern Blvd
Southern Blvd
Range Line Rd
Floridas Tpke
Floridas Tpke
North Palm Beach
County Airport
Palm Beach
Int'l Airport
Lantana
Airport
Boca Raton
Airport
95
95
1
98
441
7
A1A
710
811
786
95
2
1
3
High Barrier-To-Entry Market
• Expensive site improvement costs due
to land constraint
• Past 5 years: 6.8 MSF absorption/1 MSF
deliveries (ALL Deliveries Bulk)
Palm Beach Industrial
• 17.6 MSF (20K RSF±)
• 4Q16 Direct Vacancy 4.2%
Limited Suites Under 5k RSF
• No speculative construction underway
in the small bay industrial sector
• Downtime to relet vacancies less than
four months
Westroads is a Robust Industrial Submarket
• Vacancy rate below 3%
• No new deliveries in pipeline
• User demand has greatly exceeded
construction levels
Significant Local Investment
• Minutes away from the new Ballpark
of the Palm Beaches ($150M)
delivered 2017
1.
42nd Terrace
2.
Westroads Industrial Park
3.
Dyer Business Park
.05 Miles
3 Miles
.03 Miles
6 Miles
PBI