NEW $100 MILLION INDUSTRIAL PARK PLANNED IN MIAMI-DADE COUNTY

Miami, FL – January 15, 2012 – (RealEstateRama) — Butters Construction & Development is starting the new year with another announcement for the largest new industrial development in Miami-Dade County. Butters has partnered with L&B Realty Advisors to develop a 918,000-square-foot, Class A bulk distribution industrial park on a 44.5-acre site at NW 87th Avenue and NW 80th Street in Medley, Florida. Butters retained CBRE to procure a well-capitalized and institutional equity partner to acquire the site and develop the park. CBRE identified L&B Realty Advisors, and their client, the State of Florida, as the equity partner for the deal.<