MEDLEY, FL – First Industrial Realty Trust and Butters Construction & Development broke ground on Thursday, December 3rd, 2020 on First Industrial’s newest industrial development, “First Park Miami”. The project is located in Medley, FL. Mayor Roberto Martell, City of Medley, City Council as well as Chris Willson and Bradley Kluever of First Industrial Realty Trust and Malcom and Mark Butters of Butters Construction & Development were amongst the guests in attendance of this proud event.
Situated on 126 acres between NW 80th and NW 90th Street on NW 87th Avenue, Medley, upon completion First Park Miami will be one of the largest Class A Industrial Parks in South Florida. It will be comprised of up to 2.5 million square feet of logistics space spread over as many as 13 buildings. Phase I will include three buildings, totaling 600,000 SF, featuring 32’-36′ clear heights, 120’ to 180’ truck courts, extensive dock-high loading, and an ESFR sprinkler system.
The site provides easy access to South Florida’s major highway network. First Park Miami will serve all businesses looking to upgrade and modernize their operations in a rare infill location. A Q3 2021 delivery is expected for Phase I. Butters Construction & Development is serving as the general contractor. The architect for the industrial development is RLC Architects. Project is wholly owned by First Industrial.
About First Industrial Realty Trust: (NYSE: FR): First Industrial Realty Trust, Inc. (NYSE: FR) is US-focused industrial REIT with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across the nation’s major markets, First Industrial’s local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, First Industrial owns and has under development approximately 64.1 million square feet of industrial space as of September 30, 2020. www.firstindustrial.com
About Butters: Butters is one of South Florida’s most active and vertically integrated real estate service companies engaged in construction, development, leasing and property management. The company has built over 20 Million square feet and totaling over $1.5 Billion. Assets owned include industrial, office, retail and hotels, located in South Florida, Orlando, Atlanta. Butters is a six-time (6x) winner of the NAIOP South Florida Chapter ‘Developer of the Year’ award and a top General Contractor in the region. www.butters.com.
