STUART/WEST PALM BEACH – (February 7, 2014) – McCraney Property Company (MPC), a developer and manager of Class A industrial properties throughout Florida, recently sold 7.5 acres of land adjacent to Treasure Coast Commerce Center (TCCC). The purchaser was Bluegill Investments, LLC.
Bluegill plans to do a build-to-suit on the site for their expansion. Additionally, McCraney provided a non-exclusive easement for the use of a lake on the grounds of TCCC.
The land is zoned for light-industrial uses and has dual access to Interstate 95 and the Florida Turnpike. The deal closed on December 31, 2013.
Ultimately, Bluegill plans to develop the property for Continental Shelf Associates, Inc. (CSA), which is a multidisciplinary U.S. corporation established in 1970. Dedicated to the ocean industry worldwide, CSA specializes in marine sciences and services. Bluegill Investments, LLC, is an affiliate of CSA.
# # #