Coral
Springs, FL --- Exeter Property Group, a leading owner and
developer of industrial real estate throughout the U.S. and Europe with
headquarters in Pennsylvania, will break ground on the construction of four new
industrial buildings along the Sawgrass Expressway in Coral Springs.
Nick Sands,
regional acquisitions and leasing officer, said Exeter is finishing work on
4030 NW 126 St., a 215,486 square foot, 36'clear
height, cross dock facility that has been fully leased by a large private
flooring company.
They have started construction on the second 215,486 square
foot building at 4050 NW 126 St., which will deliver in January 2019 and will
complete buildout of the Coral Springs Commerce Center Phase I.
Nick Sands |
Less than a mile away
from Phase I Exeter plans a total of three spec buildings for Phase II.
The 40-acre site on Coral Ridge Drive between 39th Street and
Wiles Road was purchased in September 2017 from Swiss manufacturer
Hoerbiger. D.C. Construction will break ground on the first two buildings
this summer.
Sands said the
Hoerbiger property sale included a 193,211 square foot existing
building that will be remodeled with a new roof and new modern tilt-wall
front. A south Florida window and glass manufacturer is in negotiations
with Exeter for the lease of 105,000 square feet leaving 87,885 square feet
still available to lease.
For more information, please
contact:
Larry Vershel
Communications, Inc., Larry Vershel or Beth Payan 407-644-4142 or
407-461-3781 Lvershelco@aol.com.
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