Egret Point Logistics Center Update 06/13/24

Developers Secure $53.2 Million Construction Loan for Industrial Property in Boynton Beach

 

 

Developers Foundry Commercial and Wheelock Street Capital have secured $53.2 million in financing for the construction of Egret Point Logistics Center in Boynton Beach. The industrial center will be comprised of 457,000 square feet of Class-A industrial warehouses. The 30-acre property will eventually house two rear-load, Class-A industrial warehouses featuring 180′ truck courts, 32′ clear heights, ample car parking, and ESFR sprinkler systems. Located on Interstate 95 in Palm Beach County, Egret Point Logistics Center is also close to the Port of Palm Beach, Palm Beach International Airport, and Fort Lauderdale–Hollywood International Airport. Construction on the new facilities is expected to be complete in Spring 2025.

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