Industrial

In the face of growing political challenges, the Port of Long Beach is focused on collaboration and strong labor in 2020.

"By moving the small bay product into its own specialty practice, we can make the process more efficient and cost effective for our clients."

BioReference Laboratories is the firm's largest tenant leasing more than 227,037 square feet in Elmwood Park spread across four buildings in Alfred Sanzari Enterprises' portfolio.

The sale of 9700 W. Gulf Bank is somewhat rare, given oil prices have been suppressed since late 2014 and activity on similar properties has been limited, but it was last year's third-largest manufacturing sale by square footage.

"Change is the only constant," Bonnie Lowenthal of the Board of Harbor Commissioners said at the annual State of the Port event.

The entire industrial market throughout Central Florida remains very active.

The single-story building is located at 132 54th St. Jones Lang LaSalle has been selected to manage the leasing effort.

The Denver-based firm posts a year-over-year increase of 150% in its capital raise in 2019.