Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WEST PALM BEACH, FL-Affiliates of Rockefeller Group International Inc. and S&K Group plans to build a 171-acre business park and foreign trade zone within the 1,243-acre Palm Beach Park of Commerce.

New York-based Rockefeller Group Development Corp. and Palm Beach Property Investments Ltd., an affiliate of the European-based S&K Group, targeted the property for development because of its proximity to Interstate 95, Florida’s Turnpike and a CSX rail line.

This joint venture also would create the second foreign trade zone that Rockefeller Group affiliates operate in South Florida. Rockefeller Group Foreign Trade Zone No. 166 operates a 280-acre business park and free-trade zone in Homestead, FL, near the Homestead-Miami Speedway.

When fully built out, the project will contain about two million sf of industrial, warehouse and distribution space.

“The park is ideally situated to meet the continuing growth expected in this region and we are very excited about our entry into the Palm Beach market,” Edgar Jones, director of Florida development operations for Rockefeller Group Development, says in a prepared statement.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information

GlobeSt. NET LEASE Awards 2021Event

These awards honor the industry's most influential and knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.