Industrial Real Estate Developments

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  • Residents sue city & developer to stop work on Princeton Oaks Industrial Park

    Residents sue city & developer to stop work on Princeton Oaks Industrial Park

    Two non-profit environmental groups made up of local residents have sued the city of Orlando and affiliates of Foundry Commercial to try and stop development of the Princeton Oaks Industrial Park. The environmental groups -- Speak Up Wekiva, Inc., which claims more than 2,200 members, and Save...

  • Miami-based artist pays $6M for NNN-leased warehouse near Orlando airport

    Miami-based artist pays $6M for NNN-leased warehouse near Orlando airport

    An affiliate of Miami Beach-based photographer Robert Curran spent $6 million on Monday for his first investment property in Greater Orlando, a NNN-leased warehouse north of Orlando International Airport.  Located at 6333 McCoy Road in the Lee Vista Business Commons industrial park, the 42,300-square-foot...

  • Heavy equipment rental company enters market with $4M land buy near OIA

    Heavy equipment rental company enters market with $4M land buy near OIA

    Ownership behind Miami-based heavy equipment rental company Action Rentals paid a combined $4.05 million last week to enter the Orlando market, buying more than 6.6 acres northwest of Orlando International Airport.  The buyer entity was an investment affiliate of Bruno Ramos, principal in Miami-based ...

  • Atlanta firm prepping industrial park near Kissimmee Gateway Airport

    Atlanta firm prepping industrial park near Kissimmee Gateway Airport

    Atlanta-based Stein Investment Group is seeking a mass grading permit for a new industrial park near the Kissimmee Gateway Airport. The plan calls for a pair of 9-acre industrial lots straddling both sides of the future Hoagland Boulevard extension. Hoagland runs along the western boundary of the...

  • Seefried pays $26.9M for Amazon project land in Lake Nona, site work starts

    Seefried pays $26.9M for Amazon project land in Lake Nona, site work starts

    Atlanta-based developer Seefried Industrial Properties paid $26.9 million on Friday for 130.6 acres south of Orlando International Airport, where site and infrastructure work is underway to build a new Amazon fulfillment center that will be Orlando's tallest and largest warehouse.  Amazon.com,...

  • LIFT Orlando starts commercial land assemblage east of Camping World Stadium

    LIFT Orlando starts commercial land assemblage east of Camping World Stadium

    LIFT Orlando has started building an assemblage of commercial properties in the past week east of Camping World Stadium for future redevelopment. The non-profit organization says plans for the land are undetermined, but multiple sellers were told of a prospective parking garage.  Initial properties...

  • Developer preps new light industrial bldgs in Rand Yard Commerce Center

    Developer preps new light industrial bldgs in Rand Yard Commerce Center

    Ocala-based DL Fox Properties LP has a 24,500-square-foot building under construction in Sanford’s Rand Yard Commerce Center, and two more on the way later this year. A spokesman for president Dan Fox said the company started erecting steel this week for the building in Rand Yard West, the western...

  • Seefried expected to pay Tavistock near $26M for Amazon project land

    Seefried expected to pay Tavistock near $26M for Amazon project land

    Atlanta-based developer Seefried Industrial Properties is expected to pay more than $280,000 per net usable acre this week for 130.6 acres under contract south of Orlando International Airport, where plans are established for a new Amazon fulfillment center that would be Orlando's tallest and largest...

  • Morningstar plans 100,000 SF self-storage facility near Tupperware campus

    Morningstar plans 100,000 SF self-storage facility near Tupperware campus

    Morningstar Properties paid $1.5 million this week for a new self-storage site in Osceola County's The Loop submarket. Morningstar is a vertically integrated developer and manager of self-storage facilities, operating under its own brand: Morningstar Storage. Currently the company manages a network...

  • Seefried wants to add 1.5M square feet of industrial to Four Corners area

    Seefried wants to add 1.5M square feet of industrial to Four Corners area

    Owners of one of the largest undeveloped tracts on Polk County's U.S. 27 corridor want the county to allow a change in use to meet the insatiable demand for more warehouse distribution space. Albertson International filed a notice of proposed change to the Four Corners DRI as well as a Comprehensive...

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  • DCT Industrial files plan for 7th warehouse at ADC North on Conway Road

    DCT Industrial files plan for 7th warehouse at ADC North on Conway Road

    Denver-based DCT Industrial Trust has filed plans for a seventh light industrial building at its Airport Distribution Center North warehouse park on S. Conway Road, while still in lease-up on its fourth building and permitting ahead for a fifth and sixth.  Located on the southeast quadrant of Conway...

  • Self storage, fuel station & more start to line up for 65 acres on Turkey Lake Road

    Self storage, fuel station & more start to line up for 65 acres on Turkey Lake Road

    Developer Randall F. Greene has more than half of his affiliate's 65 acres on Turkey Lake Road in the tourist corridor under contract or close to it for lakefront apartments, a national self-storage operator and fuel station, with retail, hotel and medical office in play for the rest.  Located...

  • Nuvo Development building Art Deco-inspired self storage in Celebration

    Nuvo Development building Art Deco-inspired self storage in Celebration

    Winter Park's Nuvo Development is about to pull permits on what may be the loveliest self-storage facility in all of Central Florida. The company paid nearly $2.6 million last week for a 1.7-acre commercial lot on Celebration Boulevard, near the World Drive interchange. The company is partnering...

  • Veteran CRE exec plans 54k SF spec warehouse, seeks lender & more land

    Veteran CRE exec plans 54k SF spec warehouse, seeks lender & more land

    Veteran industrial real estate executive Stephen Whitley is readying plans for his first Orlando warehouse development after starting a private investment firm last year, has yet to choose a lender for the project and is scouting for more land in the area.  A former senior vice president for Liberty...

  • Calypso Cay developer to add $10M self-storage facility in tourism corridor

    Calypso Cay developer to add $10M self-storage facility in tourism corridor

    Calypso Cay developer Steve Bradley has reacquired a vacant 2.2-acre parcel fronting on Vineland Road and plans to develop a $10 million self-storage facility there. Bradley is partnering with South Florida developer Stephen Hurowitz on the venture. The duo formed a limited liability company in...

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  • Cheesecake supplier plans expansion after striking deal with Sanford

    Cheesecake supplier plans expansion after striking deal with Sanford

    A national dessert manufacturer based in Sanford is moving forward with expansion plans after city leaders agreed to sell about an acre of land near a retention pond. The agreement will keep the company, The Father's Table LLC, in the city. Sanford City Commissioners on May 22 declared a 55-foot-by-771...

  • Fishing rod supplier plans expansion in Seminole, to seek engineer & GC

    Fishing rod supplier plans expansion in Seminole, to seek engineer & GC

    An Oviedo-based firm that sells custom fishing rod kits and parts is netting more business, and exploring the possibility of building a new facility in a rural part of Seminole County to accommodate the company's growth. Kevin Brontz of Get Bit Outdoors met with Seminole County planners Wednesday...

  • Family-owned printing company to leave Longwood, build new HQ in Sanford

    Family-owned printing company to leave Longwood, build new HQ in Sanford

    Magnolia Press, a homegrown print shop doing business in Seminole County since 1973, has outgrown its Longwood operation and plans to build a new main office in Sanford. At 21,000 square feet, the new building will be more than twice as large as the company's current 8,000-square-foot print shop...

  • Chicago-based scaffolding supplier enters Orlando market w/industrial land buy

    Chicago-based scaffolding supplier enters Orlando market w/industrial land buy

    Chicago-based Contractors Access Equipment recently spent $825,000 to enter the Orlando market, buying 2.4 acres with plans still in the works for new construction or renovation of two 52-year-old buildings on the site. Located at 1610 N. Goldenrod Road (S.R. 55) in unincorporated Orange County,...

  • AutoNation collision center planned for warehouse in 33rd Street Industrial Park

    AutoNation collision center planned for warehouse in 33rd Street Industrial Park

    AutoNation, Inc., is planning a new branded collision repair center on nearly 5 acres in Orlando's 33rd Street Industrial Park that it bought last year, part of a new corporate focus to expand its collision business in growth markets.  Located at 4710 and 4708 36th St. in southeast Orlando, the...

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  • Reich Properties planning new industrial park in St. Cloud

    Reich Properties planning new industrial park in St. Cloud

    Reich Properties is banking on a growing demand for flex-industrial space in St. Cloud, making its second major land acquisition in the city. John Reich told GrowthSpotter he is under contract and projected to close within 60 days on an unfinished 16-acre business park on Old Hickory Tree Road,...

  • More light industrial planned around Apopka's Cooper Palms Sports Complex

    More light industrial planned around Apopka's Cooper Palms Sports Complex

    Apopka-based developer Michael R. Cooper Construction Co. expects to break ground in May on its latest light industrial project near Apopka's Cooper Palms Sports Complex, and could start work in the Fall on another neighboring 20-acre site for warehouse/office, the company's president told GrowthSpotter. ...

  • Foundry buys first 60 acres for Princeton Oaks industrial, plans spec start

    Foundry buys first 60 acres for Princeton Oaks industrial, plans spec start

    An affiliate of Foundry Commercial paid $5.55 million on Friday for the first 60-acre phase of its planned Princeton Oaks industrial park, and aims to break ground next week for the first few buildings, a principal with the company told GrowthSpotter.  Located in the 3700 block of W.D. Judge Dr....

  • Tavistock land south of OIA targeted for 855K SF distribution center

    Tavistock land south of OIA targeted for 855K SF distribution center

    Atlanta-based developer Seefried Industrial Properties or a client it's representing is pursuing at least 130 acres south of Orlando International Airport, where newly-filed plans propose a 855,000-square-foot distribution facility, which would be Greater Orlando's largest new industrial project...

  • Small-bay industrial sells in Sanford near new warehouse developments

    Small-bay industrial sells in Sanford near new warehouse developments

    A Boston-based private equity firm paid $10.4 million in mid-March for two industrial buildings in one of Central Florida's fast growing submarkets for new warehouses. A fund created by Cabot Properties Inc. bought the two buildings that comprise Sanford's North Park Commerce Center on Enterprise...

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  • McCraney planning expansion at Park 27 Distribution Center in Four Corners

    McCraney planning expansion at Park 27 Distribution Center in Four Corners

    Just months after completing construction on 600,000 square feet of Class A spec industrial space at Park 27, McCraney Property Co. (MPC) has filed preliminary plans to build its fifth warehouse building in the Davenport industrial park.    MPC submitted a development plan with Southwest Florida...

  • Clermont investor buys east Orlando warehouse complex for $2.7M

    Clermont investor buys east Orlando warehouse complex for $2.7M

    Orlando real estate investor El Hassan Erroudani's recent acquisition of a pair of 35-year-old warehouse and flex office buildings in East Orlando offers more evidence of the region's appetite for industrial space. Erroudani's Hassmal LLC paid $2.68 million for the Crossroads Office Complex. That's...

  • McCraney Property plans new industrial bldg in Lake Mary’s SunTech Park

    McCraney Property plans new industrial bldg in Lake Mary’s SunTech Park

    McCraney Property Co. is looking to expand its substantial Orlando-area industrial portfolio with a new 45,509-square-foot building in Lake Mary’s SunTech Commerce Park. Company president and CEO Steven McCraney said he plans to use all local contractors and labor once the project gets through...

  • Bio-med machinery service co. to build new HQ in Winter Garden commerce park

    Bio-med machinery service co. to build new HQ in Winter Garden commerce park

    Orlando-based Injector Support & Service plans to build a new headquarters in Winter Garden that will also house its budding commercial real estate development business. The company plans to build a 10,000-square-foot building with 20 parking spaces on 1.37 acres in the Britt Business Center North...

  • Prologis sells flex-industrial Chancellor Square buildings to Miami group

    Prologis sells flex-industrial Chancellor Square buildings to Miami group

    Coconut Grove-based B&L Management Group paid more than $11.97 million on Friday for a three-building industrial portfolio west of the Florida Mall, offering synergies with a flex-industrial property they own across the street.  Located at 2400 Sand Lake Road and 8100-8150 Chancellor Square, the...

  • UCF seeks warehouse space for lease near campus to store housing assets

    UCF seeks warehouse space for lease near campus to store housing assets

    The University of Central Florida is seeking up to 10,000 square feet of warehouse space near its main campus to store Housing and Residence Life assets.  UCF's Housing Department warehouse operation handles the receiving, delivering and storage of all housing documents and assets, including furniture...

  • National tile & stone manufacturer plans first Orlando-area store, warehouse

    National tile & stone manufacturer plans first Orlando-area store, warehouse

    Bedrosians Tile and Stone, one of the nation's leading manufacturers, importers and distributors of such product for the construction industry, should break ground by May on its first showroom and warehouse in Greater Orlando, a lead executive with the company told GrowthSpotter.  Bedrosians principals...

  • Becknell Industrial buys land for Phase 2 spec warehouses west of airport

    Becknell Industrial buys land for Phase 2 spec warehouses west of airport

    Indianapolis-based developer Becknell Industrial paid $8.5 million last Thursday for another 50 acres at the Mulvaney brothers' Air Commerce Park assemblage west of Orlando International Airport, where it should break ground this summer on a second phase of speculative warehouses totaling 533,000...

  • CRE investors buy industrial building near Creative Village, plan repositioning

    CRE investors buy industrial building near Creative Village, plan repositioning

    Local real estate broker and developer Nick Jones and his family's commercial real estate business Red Bell Partners paid $2.3 million on Tuesday for their second investment property in Downtown Orlando, aiming to capitalize on the population influx at Creative Village in the coming years.  Located...

  • Local developer starts self-storage focus with land buy in East Orange

    Local developer starts self-storage focus with land buy in East Orange

    Orlando-based Structure Development paid $772,650 on Friday for a tight 1.59 acres northeast of Waterford Lakes Town Center, with plans to go vertical on a new CubeSmart self-storage facility and retain water underneath.  Spanning 12701 and 12711 E. Colonial Dr., east of the S.R. 408 intersection,...

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  • OUC seeks on-call general contractors for various construction projects

    OUC seeks on-call general contractors for various construction projects

    The Orlando Utilities Commission, which provides electricity and water for Orlando and parts of surrounding Orange County, is seeking multiple general contractors for projects big and small in the coming year.  In a Request for Proposals (RFP) issued Wednesday, OUC said it needs contractors to...

  • Johnson Development scoops up retail site at W192 and Westside Blvd

    Johnson Development scoops up retail site at W192 and Westside Blvd

    South Carolina-based Johnson Development Associates has launched construction on its sixth Orlando-area self-storage facility, after paying $1.2 million Feb. 10 for a 3-acre parcel in the Four Corners area. Robert Sucher, JDA's senior real estate manager, told GrowthSpotter the company chose the...

  • Atlantic Aviation plans third hangar for private jets at MCO airport

    Atlantic Aviation plans third hangar for private jets at MCO airport

    Atlantic Aviation is pursuing construction permits to build its third private aircraft hangar west of Orlando International Airport, a projected $5 million investment driven by growing airport traffic and larger jets entering the market, the company's area general manager told GrowthSpotter.  Atlantic...

  • Duke Realty plans warehouse on land owned by Brazilian real estate family

    Duke Realty plans warehouse on land owned by Brazilian real estate family

    National publicly-traded REIT Duke Realty Corporation has nearly 15 acres under contract in the tourism corridor neighboring the Tangelo Park community, with plans for a build-to-suit warehouse and storage facility. Located at 7133 Municipal Dr., the 14.6-acre parcel lies two blocks off of International...

  • Powertools manufacturer plans new distribution center near Orlando airport

    Powertools manufacturer plans new distribution center near Orlando airport

    Virginia Beach-based powertools manufacturer STIHL, Inc., is preparing to double its footprint in Orlando, working with Liberty Property Trust to develop land west of Orlando International Airport for a new 155,000-square-foot distribution center.  Planned for 2904 Tradeport Dr., the 12.98-acre...

  • DCT Industrial buys land for expansion of Conway Road warehouse park

    DCT Industrial buys land for expansion of Conway Road warehouse park

    An affiliate of Denver-based DCT Industrial Trust paid $2.038 million on Wednesday for roughly 11.5 acres northeast of its Airport Distribution Center North warehouse park on Conway Road, paving the way for new access and a seventh building, a lead executive with the company told GrowthSpotter. ...

  • Panattoni Development proposes 94k SF warehouse on Shader Road

    Panattoni Development proposes 94k SF warehouse on Shader Road

    California-based Panattoni Development Company is preparing for its second Build-to-Suit industrial warehouse development on Shader Road in the past three years.  Working through Maitland-based civil engineers IBI Group, the company filed a request for determination on Jan. 24 to build a 93,600-square-foot...

  • Investors buy Jetport Industrial land near OIA as option for bakery expansion

    Investors buy Jetport Industrial land near OIA as option for bakery expansion

    A group of investors with ties to the baking industry paid $3.72 million on Friday for land on the southern edge of Jetport Industrial Park, west of Orlando International Airport, with plans to potentially develop in the future for a local bakery business.  Located on the northwest corner of Landstar...

  • Local developer Liberty Investment pushes growth in self-storage & hotels

    Local developer Liberty Investment pushes growth in self-storage & hotels

    Orlando-based Liberty Investment Properties recently broke ground on its newest Central Florida self-storage facility near the Mall at Millenia, and may shift its focus for up to $40 million in new development in the coming years to more hospitality, the company's president told GrowthSpotter. ...

  • MDH Partners buys six Orlando warehouse bldgs, seller to reinvest locally

    MDH Partners buys six Orlando warehouse bldgs, seller to reinvest locally

    Atlanta-based industrial real estate investor MDH Partners closed last week on a warehouse portfolio buy spanning three regions of Florida, which included more than $71.3 million spent on nearly 1.14 million square feet of conditioned area in Orlando. The portfolio encompassed 27 buildings in Jacksonville,...

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  • Seminole Commissioners to consider Land Use change for 42-acre project near Oviedo

    Seminole Commissioners to consider Land Use change for 42-acre project near Oviedo

    An Orlando developer plans to build a mixed-use project on 42 acres near Oviedo, but needs approval from Seminole County for future land use changes, in part because the property sits in an area county leaders had hoped would become a high-tech corridor.JEL Land Development LLC wants to develop...

  • Denholtz pays $18.5M for Orlando warehouses, wants more industrial

    Denholtz pays $18.5M for Orlando warehouses, wants more industrial

    An affiliate of New Jersey-based real estate investor Denholtz Associates paid $18.5 million on Wednesday to enter Orlando's small-bay industrial market, buying five buildings west of the airport with an eye for more like it in 2017, a lead executive with the company told GrowthSpotter.  Located...

  • Business owner & GC friend plan warehouse on spec in NW Orlando

    Business owner & GC friend plan warehouse on spec in NW Orlando

    A local business owner and his general contractor friend are partnering to develop an industrial warehouse in Northwest Orlando on spec, and are undecided on whether to lease the space or move the business there.  The developer affiliate, Princeton RJR LLC, includes Richard Kowalski, president...

  • Miami CRE investor pays $5.8M to enter Orlando industrial market

    Miami CRE investor pays $5.8M to enter Orlando industrial market

    A Coral Gables-based real estate investment group paid $5.85 million on Wednesday for three warehouse buildings in Orlando, its first in the local market, and is eyeing more in Greater Orlando to diversify.  COFE Properties bought the buildings in the Lake Holden Industrial Park, and the park’s...

  • Daryl Carter and John Reich team up for major St. Cloud land buy

    Daryl Carter and John Reich team up for major St. Cloud land buy

    An investment group led by Daryl M. Carter and John Reich paid $1.9 million on Thursday for 28 acres in the Osceola Industrial Park, near the intersection of U.S. 192 and Narcoossee Road.   As CEO of Maury L. Carter & Associates, Carter led an investment group that bought 236 acres last year on...

  • City to approve Tavistock for purchase & development of Poitras land near OIA

    City to approve Tavistock for purchase & development of Poitras land near OIA

    Orlando's City Council is expected to approve this Wednesday land purchase, development and management agreements with Tavistock Development Company for more than 1,800 acres south of Orlando International Airport.  **Update** City Council approved the GOAA land sale on Wednesday, pending agreement...

  • InterAmerica Stage pays $2.2M for new Sanford headquarters

    InterAmerica Stage pays $2.2M for new Sanford headquarters

    Sanford-based entertainment staging and design company InterAmerica Stage, Inc., paid $2.2 million on Friday for a new local headquarters, closing the deal in less than a month after the seller vacated earlier this year for its own local expansion.  Located at 5401 Benchmark Lane in the Midway...

  • Cite Partners principals acquire Ocoee land for industrial park, plans in review

    Cite Partners principals acquire Ocoee land for industrial park, plans in review

    Principals with Orlando-based commercial real estate firm Cite Partners closed in recent weeks on more than 45 acres of land on the western edge of Ocoee, with plans now facing final review for roughly 650,000 square feet of light industrial space bordering the 429 Western Beltway.  Located on...

  • Colony Capital pays $13.8M for 3rd Orlando industrial acquisition this year

    Colony Capital pays $13.8M for 3rd Orlando industrial acquisition this year

    An affiliate of Dallas-based global equity REIT Colony Capital paid $13.8 million on Monday for a single-tenant warehouse property in Northwest Orlando, the company's third industrial asset buy in Greater Orlando this year.  Located at 1925 Parks Oaks Ave., southwest of the intersection of W. Princeton...

  • Maudlin International increases size of planned new $14M facility, seeks lender

    Maudlin International increases size of planned new $14M facility, seeks lender

    Tractor trailer sales and service company Maudlin International has increased expansion plans for a new Orlando repair facility, is evaluating lenders for the $14 million project and should start site work by February, the company's president told GrowthSpotter.  Located at 2200 S. Division Ave.,...

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