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World Electric Supply Inks $906,250 Lease

MIAMI-The 25,000-sf, five-year deal is for a new location for the electrical supply distributor at 6780 White Drive in West Palm Beach, FL. The company is paying about $7.25 per sf gross.

By Melissa Bogdany | Updated on January 15, 2003

MIAMI-World Electric Supply Inc. has leased 25,000 sf of warehouse/distribution space from National “G” in West Palm Beach, FL. The 5-year lease has an approximate value of $906,250, or about $7.25 per sf gross.

The property is located at 6780 White Drive and is a new location for the company. Robert Smith, vice president with the Palm Beach County office of CB Richard Ellis Inc., represented the owner of the property, National “G,” in the transaction. He was the only broker involved in the deal.

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