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Boise Cascade Picks Up W. Palm Beach Distribution Facility
Publicly traded Boise Cascade’s Building Materials Distribution division has completed the purchase of a new 120,000 sq. ft. warehouse and distribution facility in West Palm Beach, FL. Boise Cascade is a producer of engineered wood products and plywood. The company paid Brown Distributing $31 million for the facility, or $258/sf.
The new facility will provide additional storage and service capacity for the Pompano Beach branch. This expansion aligns with the company’s strategy of growing in the markets it currently serves. “This major expansion fits with our strategy of growing in the markets we currently serve to provide a deeper depth of quality products along with dependable, consistent service for our customers,” added Boise Cascade’s Jim Wickham.
Built in 1987 along I-95, the facility includes 91,120 square feet of climate-controlled warehouse space and 20,000 square feet of office space across two stories.
- ◦Sale/Acquisition