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Housing Growth Spurs Northern Palm Beach Industrial Deals

WEST PALM BEACH-Several companies, many related to homebuilding, have signed leases at area industrial parks. Demand for space is up as product and land run thinner, one industrial broker says.

By Melissa Bogdany | Updated on May 16, 2003

WEST PALM BEACH-Leasing has been active at northern Palm Beach County, FL industrial parks, thanks to an area housing boom, according to Robert Smith, who handles leasing for some of the area parks.

“Pretty much everywhere in northern Palm Beach County is experiencing activity and growth because of the housing” growth, Smith, vice president with the Palm Beach County office of CB Richard Ellis Inc., tells GlobeSt.com.

Premier Airport Center, Premier Gateway Commerce Center and Premier Gateway Center are three industrial parks affected by the housing growth. These parks are in West Palm Beach and a neighbor to the south, Boynton Beach.

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