West Palm Beach, FL
The Silverman Group and CBRE Bring 1 Million SF of Speculative Warehouse Space to the Florida Market
CBRE Awarded Listing Assignment for Interstate Crossroads Logistics Center
November 3, 2022
CBRE has been retained by SL Industrial Partners, an affiliate of The Silverman Group, to market Interstate Crossroads Logistics Center, a new state-of-the-art industrial building totaling 1 million square feet in Fort Pierce, Fla.
SL Industrial Partners broke ground on the project, located at 5001 Crossroads Parkway, in 2021 after purchasing the 132-acre development site from FLF Holdings.
“Interstate Crossroads Logistics Center is one of the largest speculative developments in South Florida during a time when we are experiencing a shortage of industrial and warehouse space market-wide. Centrally situated between Interstate 95 and Florida’s Turnpike, the property is ideally suited for national or regional distribution tenants looking for access to Palm Beach County, Miami, and Orlando,” said CBRE Executive Vice President Kirk Nelson.
Interstate Crossroads Logistics Center features 40-foot ceiling height, LED lighting, ESFR sprinklers, 232 dock doors, four drive-in doors, 474 parking spaces, and 411 trailer spaces.
“We are very pleased to work with CBRE on this exciting opportunity for the greater Florida industrial market. Having a building of this caliber and size ready for occupancy is instrumental in today’s construction environment. The Interstate Crossroads Logistics Center will offer tenants unparalleled opportunity to establish and grow in the greater Florida market,” said Blake Silverman, president of The Silverman Group.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2023 revenue). The company has more than 130,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
About SL Industrial Partners
SL Industrial Partners is an affiliate of the Silverman Group who oversees industrial leasing and development projects throughout the United States. SL Industrial Partners currently owns and manages 25 million square feet of industrial product across 20 states. Our prominent development team is currently underway with 15 million square feet of new product across 9 states, including both build to suit and speculative opportunities available in emerging industrial markets such as Hartford CT, Charlotte & Greensboro NC, Richmond VA, Savannah & Atlanta GA as well as South Florida.