MIAMI—Miami's industrial market is hot, and it's spilling over into other South Florida cities. The latest example is the sale of Southern Park of Commerce, a 73,563-square-foot warehouse in West Palm Beach, FL.
Pishon II Pike Road LLC sold the class A, small bay warehouse at 342-346 Pike Road to Tigertail Lake Warehouses LTD for $8 million or $108.75 per square foot.
CBRE represented the seller. The warehouse is 90% occupied.
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