•Total vacancy for the Palm Beach industrial market was 2.2% and has remained below 4% for 15 consecutive quarters.

•In a recent report entitled “Warehouse demand to grow with rising e-commerce sales”, CBRE and eMarketer estimate that 1.25 million sq. ft. of industrial space will be required for every $1 billion of e-commerce sales.

•The Palm Beach industrial market currently has three buildings under construction and an industrial park composed of nine single user buildings. The total inventory under construction is 537,604 sq. ft.

•Portfolio activity and assemblage activity across the county appears to be growing.