In what is poised to be the largest new master planned business park in Broward County since 2011, a joint venture between Butters Construction and Development and San Francisco-based Bristol Group has broken ground on two new industrial buildings at Hillsboro Technology Center in Deerfield Beach.
CBRE‘s Tom O’Loughlin and Devin White, Senior Vice Presidents, represented Feeding South Florida in a long-term lease renewal for 72,199 square feet at Seneca Industrial Park, an 885,000-square-foot, Class A distribution and warehouse park at 2500 SW 32nd Ave. in Pembroke Park, Florida.
The rise of e-commerce and healthy fundamentals are fueling the U.S. industrial sector.
With multiple markets reaching all-time low vacancies and skyrocketing rental rates, there’s no sign of slowdown in 2018. Expanding businesses need not only space, but also quality facilities and access to infrastructure and labor pools.