C&W Brings Turnpike Business Park In WPB To 100% Occupancy

Apr 16, 2020 No Comments by

Cushman & Wakefield, as the exclusive leasing agent, has arranged a 15,010-square-foot lease with Deutz Corporation, a supplier of diesel and gas engines and large machinery parts, at Turnpike Business Park.

The 325,510-square-foot, Class A, suburban industrial park is now 100% leased.

The Cushman & Wakefield Industrial Team of Associate Alex VanDresser, Executive Director Christopher Thomson, Executive Director Chris Metzger, Executive Director Rick Etner and Director Matthew G. McAllister negotiated the lease on behalf of the landlord, Cabot Properties. The Boston-based private equity real estate investment firm is a leading investor, developer and operator of industrial properties throughout North America. Devin Schmidt of Cornerstone Realty represented the tenant.

Deutz Corporation, which is based in Atlanta and serves all of North America, is new to the South Florida market and will use the space as a distribution center. The company joins such notable tenants at Turnpike Business Park as Terminix, PODS and LaserSmith.

Turnpike Business Park is conveniently located just north of Southern Boulevard and Florida’s Turnpike, with excellent frontage along the Turnpike, a major north-south roadway that connects to Interstate 95 and Interstate 595.

The Deutz Corporation space is located in Building 4 at 475 N. Cleary Road. The 61,946-square-foot building was completed in 2017 and features 24-foot clear height ceilings, six dock high doors, 52-foot column spacing and an ESFR sprinkler system.

 

“With its unbeatable location and frontage along Florida’s Turnpike, Turnpike Business Park is one of Palm Beach County’s premier suburban industrial parks,” said VanDresser. “Deutz saw the need for a corporate location here due to its increasing activity in the market, and this property met all of its needs. We are pleased to have brought this property to full occupancy on behalf of our client, Cabot Properties, with such a quality tenant as Deutz.”

 

 

————————-

Get the latest industry news and information from CRE-sources delivered right to your email inbox!
And we promise…no more than one email each morning.

CLICK HERE TO SUBSCRIBE TODAY!

 

 

Go Ahead...Share!
  • email
  • Facebook
  • LinkedIn
  • Twitter
  • Add to favorites
  • Print
Industrial / Flex, Industry News, NA, Palm Beach County Industrial / Flex
No Responses to “C&W Brings Turnpike Business Park In WPB To 100% Occupancy”

Leave a Reply