McCraney Property Company, the most active independently owned developer of high-finish industrial properties in Florida, today announced Southern Glazer’s Wine & Spirits, premier beverage distributor for world-class wines and leading spirits brands, has moved into its newly constructed 28,325-square-foot distribution center at Turnpike Business Park. Spanning a total of 353,000 square feet, Turnpike Business Park is an industrial spec project developed by McCraney Property Company and located at 377-563 North Cleary Road in an unincorporated area of West Palm Beach, Fla.
Southern Glazer’s Wine & Spirits previously occupied just 8,232 square feet in Palm Springs but required a larger footprint to continue to create scale. The company will use its new location as part of its “hub and spoke” approach to logistics and distribution efficiencies to complement its more than one-million-square-foot hub in Central Florida.
“Southern Glazer’s Wine & Spirits’ move into Turnpike Business Park emphasizes the ongoing demand for high-quality warehouse throughout Palm Beach County. With the unsurpassed location and visibility the park offers, we are confident this will be the sought-after property for new and existing businesses in this area seeking industrial space,” said Steven McCraney, President and CEO of McCraney Property Company. “We are honored to have a distinguished company with a legacy of business quality and community service take occupancy within this business park.”
Spanning 35 acres, Turnpike Business Park’s five tilt warehouses provide businesses with a mile of exposure on the east side of Florida’s Turnpike, just south of Belvedere Road, and range in size from 29,000 square feet to 132,000 square feet. Prior to construction, Turnpike Business Park was 36 percent pre-leased.
McCraney has been the visionary leading this new cycle of industrial real estate development from his cutting-edge approach to viewing the sector as the “new retail.” As such, McCraney Property Company’s exterior designs of buildings reflect a retail storefront rather than a typical industrial park. Other design elements of Turnpike Business Park include an increased standard clear height to 30 feet and new technologies specific to clients’ needs.
About McCraney Property Company
McCraney Property Company is a leading regional real estate investment firm focused on acquisition, development and management of industrial properties in Florida’s major markets. Headquartered in West Palm Beach, Fla., McCraney Property Company has completed or is under construction on nearly 5,000,000 square feet of speculative industrial space. Its commitment to its clients and proven execution capabilities has positioned the firm to thrive in today’s recovering industrial market. For more information, please visit https://www.mccraneyproperty.com.