MCCRANEY BREAKS GROUND ON SPEC INDUSTRIAL BUILDING IN WEST PALM BEACH

WEST PALM BEACH, FLA. — McCraney Property Co. has broken ground on a Class A, 100,000-square-foot warehouse/distribution center in West Palm Beach. The property is located off Okeechobee Boulevard and Jog Road in McCraney’s Vista Business Park. The project is the first new construction in the office park in the past five years. City National Bank provided construction financing for the project, and Michael Falk & Co. LLC will lease the two-building property. The design team includes general contractor Edwards Construction Services Inc. and architect Jose Jaramillo of JJ Architectural Group. Upon completion, which is slated for December 2014, the property will feature 24-foot clear heights and available industrial space ranging from 10,000 to 100,000 square feet.