Ashley Capital Begins Pre-Leasing at Martin Commerce Park as
Phase 1 Moves into Development
Fully entitled 167-acre commerce park at I-95 Exit 110 in Palm City, Fla. will deliver 485,000
square feet of Class A industrial space available for lease
Palm City, Fla. — Ashley Capital today announced that Martin Commerce Park has secured all final
approvals and is officially moving into development, opening the door for businesses to secure
space in one of the Treasure Coast's most strategically located industrial parks. Site work will
begin in the fourth quarter of 2026, with 485,000 square feet of Class A industrial space available
for tenant occupancy as early as the first quarter 2028.
For brokers and tenants searching for industrial space in Martin and St. Lucie counties, Martin
Commerce Park fills a critical gap in the market - delivering modern Class A industrial space in a
range of size configurations, flexible unit options, prominent I-95 visibility, and in-demand
outdoor storage and trailer parking.
Martin Commerce Park is suited for a broad range of users, including light manufacturing, small
local operators, trades and contractors, e-commerce fulfillment, regional distribution, and
last-mile logistics for both growing local businesses and national operators.
Phase 1 Overview
• 485,000 square feet available in Phase 1, across seven buildings
• Building sizes range from 32,000 to 117,000 square feet
• Minimum unit sizes starting at 4,000 square feet
• 1.1 million square feet of industrial space across the full 167-acre site, providing tenants
room to grow within the same location
• One mile of I-95 frontage at Exit 110, with 87,000+ vehicles passing the site each day
• Access to over 70% of Florida’s population within a three-hour drive
• 100,000+ residents commute outside the Port St. Lucie Metropolitan Statistical Area
(MSA)
for work each day, providing a readily accessible workforce
• 16% population growth in the Port St. Lucie MSA from 2020-2025, one of Florida’s fastest-growing
regions
Building Features
Martin Commerce Park is designed around the priorities that drive business location and leasing
decisions:
• Rear-load configuration
• Clear heights ranging from 28 to 32 feet
• Flexible loading options, including grade-level, dock-high, and ramp access — every dock-high
unit features at least one drive-in ramp
• ESFR sprinkler system
• Tilt-wall construction with 7-inch concrete interior floor and 8-inch concrete dock
area
• R-19 insulated roofing system
• Impact glass, paired with distinctive modern entry features and contemporary industrial
interiors
• Designated outdoor storage/parking areas, increasingly rare and in high demand
• 480/277 volt, three-phase electrical service via Florida Power & Light
• Water/Wastewater service through Martin County Utilities
Location Overview
Positioned at the southeast corner of SW Martin Highway (SR 714) and I-95, Martin Commerce Park
sits at one of the Treasure Coast’s highest-volume interchanges, with a nearby on-ramp to Florida’s
Turnpike adding a second major highway connection. This dual highway access gives tenants efficient
reach both north-south along the I-95 corridor and east-west via Martin Highway, which serves as a
key connector to Indiantown and Okeechobee that extends the commerce park’s draw beyond the coast
and into inland Florida. This connectivity also puts tenants within practical reach of four
international airports within two hours, three general aviation airports within 45 minutes and four
major seaports. The site is also within approximately a five-and-a-half-hour drive of the Port of
Savannah, the fastest-growing port on the East Coast.
The site is minutes from downtown Stuart and Palm City, giving tenants proximity to an established
residential and commuter base along I-95 and the US 1 corridor. The Treasure Coast region is
experiencing rapid residential and industrial growth, driving continued demand for jobs, services,
and commercial space. Located within one of the top five fastest growing metro areas in the nation,
the park offers tenants access to a growing workforce and expanding customer base, creating a solid
foundation for long-term business growth.
An adjacent 32-acre commercial outparcel, entitled for a gas station, convenience store, hotel,
restaurants, and transit-oriented retail, adds further amenities and visibility for the park while
reinforcing the corridor as a growing commercial destination.
"After years of planning, coordination and partnership with Martin County, we are excited to have
all of our final approvals in place and to officially move Martin Commerce Park into the
development phase," said Jill Marasa, Ashley Capital's Director of Development for the Treasure
Coast. "For brokers and businesses who have been waiting for the right space to become available on
the Treasure Coast, that wait is almost over. This is fully approved and ready to build with a
legacy developer, positioned exactly where tenants want to be."
With all approvals in place and construction moving forward, businesses can secure a space now in a
market with limited Class A industrial availability, ahead of Phase 1 completion.
For more information, please contact Jill Marasa, Director of Development – Treasure Coast,
at 772-370-8108, email jmarasa@ashleycapital.com or Ryan Bloss, Director of Leasing – Treasure
Coast, at 772-521-0997, email rbloss@ashleycapital.com.
About Ashley Capital
Founded in 1984, Ashley Capital is one of the largest privately held industrial real estate
investment companies in the United States, with a portfolio of approximately 35 million square feet.
