Industrial real estate just got a new power player in west Delray Beach, as Maryland-based FRP Development has opened the first building at Logistics Center at Delray, the company’s new industrial park. Phase I drops roughly 200,000 square feet of Class A logistics space into a largely infill stretch of U.S. 441 north of Atlantic Avenue, targeting last-mile and regional distribution users serving Palm Beach County and nearby markets. It is the first step in a three-building plan that developers say will finally give e-commerce and logistics tenants a modern option closer to population centers and ports.
FRP and PCCP roll out phase one
FRP Development, working with investment manager PCCP, has wrapped construction on the project’s first phase on a roughly 40-acre site. The building is the first of three planned at Logistics Center at Delray, according to CoStar. The development’s full build-out is expected to reach about 600,000 square feet, REBusinessOnline reported.
Specs, power, and who is leasing it
The Phase I building comes in at roughly 200,000 square feet, with 36-foot clear heights, 45 dock doors, and about 215 parking stalls. It can be carved up into suites starting near 30,000 square feet, according to leasing materials from Cushman & Wakefield. The brochure highlights ESFR sprinklers, 2,500 amps of power, a solar-ready roof, and approximately 1,300 feet of US-441 frontage. Cushman & Wakefield lists Christopher Thomson, Matthew McAllister, and Eric Cantor as the leasing brokers.
What is next at Logistics Center at Delray
FRP and PCCP plan two additional buildings on the site to reach the project’s planned scale. FRP’s Mark G. Levy cast the first delivery as a milestone for the company’s East Coast platform. “We’re proud to mark the completion of the first phase of our infill logistics development,” Levy said, according to AJOT, which also noted the project’s access to major interstates, airports, and South Florida ports.
Why Delray is on the logistics map
Palm Beach County’s industrial market has been edging toward balance. Vacancy is sitting in the mid-single digits even as new development has slowed, a setup that gives well-located infill projects room to lease up, according to Colliers’ Q1 2026 Palm Beach report cited by Colliers. Marketing materials for the Delray site call out roughly 1.1 million people within an hour’s drive and a sizable labor pool, factors brokers say help underpin demand for last-mile space.
Space on the market now
Commercial listings show the Phase I building marketed as immediately available, with size pegged at roughly 199,400 to 200,000 square feet and promoted as divisible for a range of tenant footprints. PropertyShark lists the building as available, while Cushman & Wakefield holds the leasing assignment and provides contact information in its marketing brochure.
Developers and brokers are pitching Logistics Center at Delray as a quicker, modern alternative for tenants that need to stay close to South Florida’s population centers and ports. The real test will be how fast the next two buildings lease up. For now, leasing pages and the property listing are the go-to spots for up-to-date availability and contact details.
