PALM BEACH, FL—The Palm Beach industrial market is showing signs of renewed growth. Vacancies are down and there may be new construction soon. What forces are moving—and holding back—the market?
GlobeSt.com caught up with Steven McCraney, president and CEO of McCraney Property Co., which has its South Florida office in West Palm Beach, to get some answers. His firm has developed, owned and managed more than 2.5 million square feet in South and Central Florida. They will deliver over 1 million square feet of new industrial development to the market this year in South and Central Florida.
GlobeSt.com: What's the state of the Palm Beach industrial market from your perspective? Are you bullish?
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