(Read more on the industrial market.)
MEDLEY, FL-Lincoln Property Co. began construction on LincolnLogistics Park, a three-building, 669,350-sf speculativewarehouse/distribution project. The project is bounded to the eastby NW 115th Avenue and to the west by the Florida TurnpikeExtension.
The buildings will range in size from 163,100 sf to 342,750 sfand will include 32-foot clear ceiling heights and rear-load andcross-dock facilities. The project can accommodate tenants from25,000 sf to 342,750 sf. The project will be located on a 39-acresite, which was acquired in late 2005 for $17 million. Thebuildings are expected to be completed in June 2008, August 2008and October 2008.
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