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Boise Cascade Acquires West Palm Beach Industrial Property for $31M

  • Boise Cascade buys a flex-industrial property in West Palm Beach for $31 million.
  • The company plans to open a distribution facility at the acquired site.

Important Points

Boise Cascade Purchases Industrial Property from Brown Distributing

Building materials company Boise Cascade has acquired a flex-industrial property in West Palm Beach for $31 million. The company plans to open a distribution facility at the 120,000-square-foot property located at 1300 Allendale Road. The all-cash deal saw the property purchased from Brown Distributing, as stated in a news release.

Expansion of Boise Cascade’s Distribution Division

The acquisition of the West Palm Beach property represents an expansion of Boise Cascade’s building materials distribution division. The new distribution facility will likely contribute to the company’s growth and further solidify its presence in the building materials industry.

Insights

As a real estate expert, I understand the importance of staying informed about the latest developments and trends in the industry, including significant property acquisitions like the one made by Boise Cascade. The expansion of the company’s distribution division through the acquisition of the West Palm Beach industrial property could have a positive impact on the local economy and the building materials sector.

When looking to buy a home or sell a home, it’s crucial to work with an experienced real estate agent who is knowledgeable about the industry and can provide guidance and support throughout the process. By staying informed about the latest market trends and developments, you can ensure that your real estate journey is successful and tailored to your unique needs and preferences.


Orginal article: Link To Article – provided by Kansas City Realtors