PANATTONI DEVELOPS TWO BUILDINGS IN BUSINESS PARK

DEERFIELD BEACH, FLA. — Panattoni Development is developing two buildings totaling 245,000 square feet in Quiet Waters Business Park in Deerfield Beach. The first building, located at 740 S. Powerline Rd., will offer 23,000 square feet to 150,000 square feet. The second building, located at 750 S. Powerline Rd., will offer 12,300 square feet to 95,000 square feet. The buildings are scheduled to break ground first quarter 2008 with delivery scheduled for third quarter 2008. The 46-acre Class A park features five existing buildings, all 100 percent leased, and offers showroom/warehouse, distribution and light manufacturing space.