2020 Industrial Market Report PALM BEACH 2Q 2020

2019-CURRENT BUILDING SALES BUILDING SALES Buyer Location Bldg SF /

11

15

Acrage Sales Price Closing Date

$15,500,000 ($179.40 PSF)

1

Cabot Properties

501 103rd Avenue, Royal Palm Beach

86,400 SF

07/2020

$25,500,000 ($107.79 PSF)

2 Dalfen Industrial

3774 Interstate Park Road, Riviera Beach

236,553 SF

06/2020

18 19

$18,350,000 ($122.00 PSF)

3 Dalfen Industrial

1177 W. Blue Heron Boulevard, Riviera Beach

150,852 SF

06/2020

9

13

$31,400,000 ($178.79 PSF)

4 Brookfield Asset Management

700 Banyan Trail Boca Raton

175,625 SF

02/2020

12

2

3

$9,507,967 ($104.89 PSF)

5 Elion Partners

1200 SW 35th Ave Boynton Beach

90,643 SF

01/2020

17

13

$8,361,210 ($118.19 PSF)

6 Prologis, Inc.

951 Clint Moore Rd Boca Raton

70,744 SF

01/2020

$9,811,199 ($180.95 PSF)

22

7 Elion Partners

1210 SW 35th Ave Boynton Beach

56,160 SF

01/2020

1

$6,530,833 ($117.47 PSF)

8 Elion Partners

1220 SW 35th Ave Boynton Beach

55,594 SF

01/2020

$2,800,000 ($112.00 PSF)

9 Spottswood PB, LLC

6780 White Drive Riviera Beach

25,000 SF

08/2019

$7,600,000 ($105.56 PSF)

10 Spottswood PB, LLC

2900 High Ridge Road Boynton Beach

72,000 SF

06/2019

$13,500,000 ($128.57 PSF)

11

POC Realty, LLC

15132 Park of Commerce Blvd Jupiter

105,000 SF

06/2019

$5,024,247 SF ($101.20 PSF)

12 Investicore Property Co 5, LLC

1077 Blue Heron Blvd W Riviera Beach

49,646 SF

05/2019

13 Alliance Partners HSP, LLC

1601 Hill Avenue West Palm Beach

220,625 SF $8,700,000 ($39.43 PSF)

04/2019

10

$3,450,000 ($45.05 PSF)

14 FLF Real Estate

1800 Avenue P Riviera Beach

76,578 SF

03/2019

$2,010,000 ($107.50 PSF)

15 Dominic & Joan Revocable Trust Mallory Improvement Corp

2225 Idlewild Road Palm Beach Gardens

18,697 SF

03/2019

$7,800,000 ($133.91 PSF)

03/2019

16 Collier Enterprises Realty Group

777 S Congress Avenue Delray Beach

58,250 SF

8

11,700,000 ($124.86 PSF)

17 Harry Spitzer

3541 Martin Luther King Jr Blvd Riviera Beach

93,702 SF

03/2019

7

20

$3,225,000 ($87.83 PSF)

18 David Felton

3705 Shares Place Riviera Beach

36,720 SF

02/2019

5

16

$3,680,000 ($83.42 PSF)

19 Alexander Redfearn

3661 Blue Heron Blvd Riviera Beach

44,112 SF

02/2019

21

$6,650,000 ($140.00 PSF)

20 KVA Congress, LLC

3600 S Congress Avenue Boynton Beach

47,626 SF

02/2019

6

1220 Tangelo Terrace, 1240 Tangelo Terrace, Delray Beach

33,410 SF 32,700 SF 23,808 SF 4,451 SF 5,801 SF 5,351 SF 15,125 SF 54,536 SF

$9,000,000 ($136.00 PSF)

21

Linton Industrial Center LLC David Kahn

01/2019

4

1817-1831 Church Street , 1839-1853 Church Street, 1861-1875 Church Street, 1883-1897 Church Street, 1720-1748 Donna Road, West Palm Beach

$2,075,000 ($38.05 PSF)

22 YS Investments

01/2019

18 | PALM BEACH COUNTY