Jeff Greene, an American real estate entrepreneur and developer, has sold Turnpike Logistics Center, formerly Greene Space Industrial, a new, two-building logistics facility totaling 317,499 square feet in a highly sought-after West Palm Beach, Fla., location. The sales price was $60.6 million.
Dalfen Industrial acquired the asset.
Completed in 2020, Turnpike Logistics Center consists of a 124,479-square-foot building at 1673 Meathe Drive and a 193,000-square-foot building at 1715 Meathe Drive. The highly functional, rear-load buildings have best-in-class designs and market-leading features that include 32-foot clear heights, concrete tilt-wall construction, deep column spacing, a total of 94 dock-high doors, two drive-in doors, ESFR fire protection and ample vehicle parking.
Turnpike Logistics Center is in a prime distribution location with direct on-ramp access to the Florida Turnpike and is proximate to multiple Interstate 95 interchanges. In addition, the pr