7233 Seacrest
A 135,000 sf warehouse building with 90,000 sf of expansion potential located on 16 acres at an I-95 interchange in Palm Beach County, FL.
About the Property
Alliance acquired this vacant 135k SF former Sam’s Club building and 90k SF of "by right" expansion potential on a 16-acre site in Palm Beach County, FL. The property benefits from a highly visible “A” location adjacent to an I-95 interchange and a 5-to-1 parking ratio in a market with sub 3% vacancy. Alliance negotiated an off-market purchase during the height of the COVID pandemic in late 2020 and subsequently sold the property in August 2021 to a Fortune 100 retailer at a significant premium to cost.
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Press
Philadelphia Business Journal
Alliance HP pays $23.1M for Montgomery County office, industrial buildingsApril 2, 2024
Philadelphia Business Journal
Northeast Philadelphia company Impilo expects to double its staff this year as virtual health care explodesFebruary 26, 2024
More Than The Curve
Work has started on future home of The Goat’s Beard in ConshohockenDecember 14, 2023
Philadelphia Business Journal
Alliance HP sells Southwest Philadelphia industrial portfolio for nearly double 2021 purchase priceAugust 11, 2023
Blue Rock
Blue Rock delivers two warehouses totaling nearly 1M square feet for Alliance HP in Eddystone, Pa.November 1, 2022
Philadelphia Business Journal
Roxborough building leased to Philabundance trades for $20MJune 7, 2022
Philadelphia Business Journal
Philabundance leases 130,000-square-foot Roxborough building after Boston brewery backs outSeptember 20, 2021
Philadelphia Business Journal
Once distinct, Philadelphia's industrial submarkets are morphing togetherJuly 26, 2021
Philadelphia Business Journal
Amazon-leased building in Bucks County sells for more than double the price of 2019 saleMarch 7, 2021
The Philadelphia Inquirer
Philly housing agency sells airport-area industrial site to Frankford Arsenal owner Alliance HSPJanuary 29, 2021
Philadelphia Inquirer
Oat milk brand Oatly chooses Philly site for North American product development labsJuly 10, 2020
Philadelphia Inquirer
Roxborough warehouse offered rent-free for virus response before beginning new life as craft breweryMarch 30, 2020
Philadelphia Business Journal
Apartment complex at former Destination Maternity site to break groundApril 3, 2019
Philadelphia Business Journal
Nearly 1M square feet of industrial space slated for Eddystone on old Foamex siteMarch 22, 2019