Overview
Colliers, as exclusive advisor, is pleased to introduce the Palm Beach Shallow Bay Portfolio located in Palm Beach County, FL. The Portfolio includes versatile spaces such as two single-story buildings in Jupiter Park of Commerce with floor-to-ceiling glass and high ceilings, a well-maintained 17,000-square-foot office/warehouse in Quantum Park, and a sizable 78,000-square-foot industrial park at Monetary Commerce Center. Additional highlights include flexible spaces at 6500 and 6600 Georgia Avenue with significant clear heights, a freestanding building at 7020 Georgia Avenue with modern features and flexible use options, and a 16,000-squarefoot commercial property at 3765 Investment Lane. Each property is strategically located near major roadways, including I-95, ensuring optimal accessibility and operational efficiency.
Investment Highlights
1.51-Year WALT (Including Options)
Offering immediate access to the rent roll.
163% Mark-to-Market Opportunity
The Portfolio offers a significant potential for rent increases, capitalizing on current below-market leases.
Coveted Small Bay Product
Featuring an average tenant size of approximately 2,705 SF, this asset class is highly sought after across the commercial real estate spectrum.
Prime Infill Locations
The portfolio comprises six industrial parks strategically located along Interstate 95 in Palm Beach County. Notably, five of the six parks are situated east of Interstate 95, with an average distance of just 1.4 miles from the highway.
High Demand Areas
Positioned in highly desirable locations within Palm Beach County, where limited availability of similar assets drives sustained rent growth and investment appreciation.
High Economic Strength
Palm Beach County boasts a AAA bond rating from all three major rating agencies and is recognized as one of the nation’s wealthiest counties. Its strong economic base in luxury tourism, technology manufacturing, and agriculture ensures a robust and stable investment environment.
Portfolio Summary
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