Florida & Gulf Coast + South Florida + Industrial | April 26, 2021

CushWake Secures 35K-SF Industrial Lease in South Florida

Cushman & Wakefield has arranged a 35,000-square-foot lease at Palm Beach Park of Commerce with Vetio Animal Health, a contract development and manufacturing organization dedicated to pet health in North America. The company currently operates from a 40,000-square-foot facility within the Class A industrial park and will nearly double its footprint to support its growth.

Palm Beach Park of Commerce is a 1,200-acre, master-planned industrial park that will comprise 6.5 million square feet of high-quality warehouse and distribution space upon completion. Vetio will occupy 35,000 square feet in a 220,000-square-foot building at 15335 Park of Commerce Blvd., which was completed in 2019. The lease brings the building to 84% occupancy. Vetio is currently implementing a multi-million-dollar capital investment program to build out the space.

Christopher Thomson, Chris Metzger, Rick Etner, Matt McAllister and Alex VanDresser of Cushman & Wakefield negotiated the lease on behalf of the landlord, MDH Partners.

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Vetio Animal Health

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.