MIAMI—Manufacturing is expanding in Miami and beyond. The latest example is in Deerfield Beach, FL. CBRE just closed on the sale 83,623-square-foot manufacturing distribution building located at 1341 West Newport Center Drive in Deerfield Beach.
Mafer Holding bought the building from Weekley One Deerfield for $7.05 million, or $84.31 per square foot. Pylon Manufacturing formerly occupied the building.
“This purchase further supports a trend of manufacturing expansion that is occurring in South Florida,” says CBRE's Harry Tangalakis, who represented the seller. “It's another signal that the industrial recovery is on solid footing."
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