WEST PALM BEACH, FL-Aldi, a grocery retailer based in Batavia, Illinois, will construct a 500,000-square-foot distribution facility in Royal Palm Beach. The Palm Beach County Commission granted preliminary approval for the retailer to get up to $1.7 million in tax exemptions for the development.
The Business Development Board of Palm Beach County organized the incentive deals for the project. Aldi is planning to spend $50 million to construct the office and warehouse complex. CBRE brokers handled the transaction. For the full story, go to South Florida Business Journal .
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