Florida’s Flagler Station Breaks Ground on Phase III
Flagler Global Logistics, a worldwide logistics company providing a full suite of integrated supply chain management services and real estate solutions, has broken ground on the 98-acre Flagler Station Phase III in Miami.
The additional 1.7 million square feet of new industrial space at south Florida’s largest business park underscores a successful first quarter for the company, which also closed 233,000 square feet of new industrial lease transactions.
“The port expansions and restoration of the PortMiami rail line mean a higher volume of goods will move through South Florida and more facilities are needed to accommodate them,” says Chris Scott, president and CEO of Flagler Global Logistics. “With Phase II almost at capacity and demand for industrial space reaching its highest level in years, the timing was right to bring Phase III to fruition.
“The buildings we are designing can address space needs from as small as 12,000 square feet to more than 500,000 square feet,” Scott continues. “We are creating more sophisticated industrial facilities that have the dimensions and capabilities to meet the varied operational requirements of logistics and trade-based businesses.”
Flagler Station Phase III will add to the 1.4 million square feet of industrial inventory the company has delivered or started construction on over the past year at its Flagler Station and South Florida Logistics Center sites. The entire Flagler Station complex will comprise nearly 14 million square feet of industrial space once this third and final phase is completed.
At Flagler Station Phase II, Building 32 (269,918 square feet) and Building 34 (251,720 square feet) are nearing completion. The buildings are already pre-leased at 80 and 87 percent, respectively.
For complete details, visit www.flaglergl.com. Or call Chris Sutton or Robert Richter at 305-520-2300.
Source: Flagler Global Logistics
Image: Flagler Global Logistics