Industrial Real Estate Developments

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  • DCT Industrial eyes tenants, new buildings & more land for ADC North on Conway Rd

    DCT Industrial eyes tenants, new buildings & more land for ADC North on Conway Rd

    Denver-based DCT Industrial Trust opened its fourth industrial warehouse building this week at Airport Distribution Center North, may start construction on the fifth and sixth within the next year, and is considering land purchase for a seventh, a lead executive with the company told GrowthSpotter. ...

  • International Tile & Stone to expand production in NW Orlando, add pavers line

    International Tile & Stone to expand production in NW Orlando, add pavers line

    Local construction supplier International Tile & Stone plans to grow its business in northwest Orlando by building a new manufacturing facility adjacent to its current one, and expanding into the production of concrete and brick pavers, the company's president told GrowthSpotter.  To be located...

  • Dubai investors buy industrial park near Sanford airport, leased at 40 percent

    Dubai investors buy industrial park near Sanford airport, leased at 40 percent

    An investment group with ties to the Middle Eastern emirate of Dubai has purchased a 10-building industrial park near Orlando Sanford International Airport. AIM 786 LLC, a company headed by Sanford investor Abbas L. Datoo, purchased the Delphini Industrial Park for $1.6 million, according to a...

  • Lake County entrepreneur plans industrial development in Tavares

    Lake County entrepreneur plans industrial development in Tavares

    Lake County entrepreneurs interested in starter space for new industrial businesses should have a new option in Tavares soon. Audie Newman, owner of Vision Conveyor in Tavares, is looking to annex 3.14 acres across the street from his business on Southridge Industrial Drive into the city of Tavares...

  • Architectural precast & foam manufacturer doubles space with Orlando factory buy

    Architectural precast & foam manufacturer doubles space with Orlando factory buy

    Magic Design, an Orlando manufacturer of architectural precast and foam used in construction, is primed for growth after paying $2.175 million on Sept. 29 for a new manufacturing property double the size of space its leased for the past decade.  Located at 1330 Central Florida Parkway in the Regency Industrial...

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  • Final building in Apopka’s Northwest Distribution Center nears grading start

    Final building in Apopka’s Northwest Distribution Center nears grading start

    Oakmont Industrial Group has submitted its final site development plan for a 180,000-square-foot building in Apopka’s Northwest Distribution Center. It will be the fourth and final building in the industrial warehouse center on Ocoee-Apopka Road at SR 429 and SR 414. Tom Cobb, Oakmont’s senior...

  • Groveland seeks developer for 40 acres, favors industrial or commercial

    Groveland seeks developer for 40 acres, favors industrial or commercial

    The City of Groveland is seeking proposals from developers to buy 40 acres of land east of Sampey Road in its Groveland Commerce Park owned by the city’s Community Redevelopment Agency. Residential developers need not apply. The city is interested in the property being developed for industrial...

  • MDH Partners buys 7th local warehouse asset, leases up Davenport spec-build

    MDH Partners buys 7th local warehouse asset, leases up Davenport spec-build

    Atlanta-based industrial real estate investor MDH Partners paid $16.25 million earlier this month for its seventh warehouse property in Greater Orlando, after entering the market in September of last year. It's now busy leasing up its first new-construction industrial park in Davenport, and is...

  • Plans for new self storage near Oviedo mirror national trend

    Plans for new self storage near Oviedo mirror national trend

    A South Carolina firm wants to convert land between Oveido and Winter Park into a three-story, 100,000-square-foot self storage facility. Johnson Development Associates of Spartanburg, S.C., held a pre-application meeting with Seminole County planners to amend a Planned Development agreement on...

  • Boca Raton-based CRE buyer flush with $300M to buy 2nd-gen retail & industrial

    Boca Raton-based CRE buyer flush with $300M to buy 2nd-gen retail & industrial

    Boca Raton-based Kin Properties has more than $300 million in capital available to buy second-generation retail and industrial properties, is drawn to Greater Orlando's stable growth, and can escrow an entire purchase price if necessary, a lead executive with the company told GrowthSpotter. Despite...

  • Next industrial buyer lined up for land in Mulvaneys' Air Commerce Park

    Next industrial buyer lined up for land in Mulvaneys' Air Commerce Park

    Indianapolis-based developer Scannell Properties has at least 42 acres under contract with the Mulvaney brothers at their Air Commerce Park west of Orlando International Airport, and is expected to file plans this month for a new 352,000-square-foot warehouse. "We're working with a highly confidential...

  • Dewberry: Judge Farms construction to start within a month

    Dewberry: Judge Farms construction to start within a month

    Dewberry is about 30 days out from getting a permit to start building the 130-acre lake that will be the centerpiece of a new high-tech research park at Judge Farms. "Once we get the permit, we will immediately start construction," Vice President Kevin Knudsen told GrowthSpotter. The man-made lake...

  • $5.1M expansion of Nar-Vista Commerce Center planned w/large vehicle storage

    $5.1M expansion of Nar-Vista Commerce Center planned w/large vehicle storage

    Industrial flex-space developer Bob Meeks has his 12th building in line for permitting at Nar-Vista Commerce Center, 5 miles northeast of Orlando International Airport, with plans for a 13th now in design and the space for at least four more, based on growing small business demand.  "I started...

  • Local CRE principals pitch 650K SF of industrial in Ocoee along S.R. 429

    Local CRE principals pitch 650K SF of industrial in Ocoee along S.R. 429

    Principals with Orlando-based commercial real estate firm Cite Partners have 45.63 acres under contract on the western edge of Ocoee, with plans to develop a 650,000-square-foot light industrial park bordering the 429 Western Beltway.  Located on the northeast corner of E. Crown Point Road and...

  • Airline parts warehouse and retail planned for 10 acres near airport

    Airline parts warehouse and retail planned for 10 acres near airport

    Plans for an airplane parts repair warehouse paired with a suite of upscale shops have been submitted for Orlando’s development review process, set for 10 acres along Narcoossee Road, five miles north of Orlando International Airport. Real Estate agent Dana Stanley of Premium Properties Real Estate...

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  • New high-speed color printers are winning converts in building professions

    New high-speed color printers are winning converts in building professions

    Larry Coughlin, account manager at the Longwood-based AXSA Imaging Solutions, remembers a time when construction plans were what many today would consider arty – more suitable for framing to set a vibe in the room than something actionable. “Blue paper with white lines,” he said in a recent interview....

  • Canadian developer files Regulating Plan for 1,000+ acres in SE Orange County

    Canadian developer files Regulating Plan for 1,000+ acres in SE Orange County

    Ontario-based developer DG Group has revived dormant plans for 1,033 acres in Southeast Orange County known as Camino Reale, filing a detailed rezoning proposal on Monday that proposes another mixed-use community directly west of what will be Tavistock's Sunbridge development.  The key challenge...

  • Airplane parts rehab company seeks investors as it breaks ground on new HQ

    Airplane parts rehab company seeks investors as it breaks ground on new HQ

    Winter Garden-based TAG Aero is seeking an investor to help the company grow from one that repairs and refurbishes engine parts to one that can take apart and refurbish entire airplanes, following the city commission's approval Thursday of plans for a new office/warehouse headquarters building....

  • Sanford electrical contractor plans new industrial space, seeks GC & lender

    Sanford electrical contractor plans new industrial space, seeks GC & lender

    A Sanford electrical contractor is investing in new warehouse and office space that could lead to opportunities in the development community, as well as new industrial space for other companies. Del-Air Electrical Services, Inc. plans to build two 40,000-square-foot warehouse/office buildings at...

  • Eustis adopts business-friendly measures for industrial use, new development

    Eustis adopts business-friendly measures for industrial use, new development

    The City of Eustis has launched new business-friendly initiatives to make the city more attractive to industrial property users, and cut the wait time by nearly two thirds for new development plan approvals.  A new abbreviated development approval process and fee cut is designed to show its doors...

  • New Jersey CRE investor spends $3.9M on industrial near College Park, seeks more

    New Jersey CRE investor spends $3.9M on industrial near College Park, seeks more

    A New Jersey-based real estate management company with a history of Orlando investment spent $3.9 million last week on a 60,000-square foot property west of College Park, and is looking to place another $15 million into new property this year, a lead executive with the group told GrowthSpotter. ...

  • Tampa investor spends $1.4M on Orlando Kia property, seeks more to fulfill 1031s

    Tampa investor spends $1.4M on Orlando Kia property, seeks more to fulfill 1031s

    A Tampa-based financial advisor spent $1.4 million in late June on a triple net-leased auto dealership property in West Orlando to fulfill a 1031 exchange, and is pursuing more value-add parcels for another 1031 opportunity.  Located at 3490 W. Colonial Dr., the 3.11-acre property lies on the southeast...

  • Belgium's imec to lead Osceola sensor research center, drive Tech Farm growth

    Belgium's imec to lead Osceola sensor research center, drive Tech Farm growth

    Osceola County officials have confirmed that Belgian tech firm imec has signed on to lead the county's nanoelectronics design center - an announcement that could vault the county's new Florida Tech Farm into an economic development engine for Central Florida. "Because imec has international credibility established...

  • Boston's High Street Realty buys 2nd Orlando-area warehouse since May

    Boston's High Street Realty buys 2nd Orlando-area warehouse since May

    Boston-Based High Street Realty continued its energetic move into Greater Orlando’s industrial real estate market with the recent purchase of a 57,600-square-foot warehouse in Lake Mary.  High Street, a major investor in warehouse and distribution property in the eastern United States, paid $2.78...

  • Groveland industrial building sale price jumps 40 percent in five years

    Groveland industrial building sale price jumps 40 percent in five years

    Adam Sumner, Lake County’s manager of economic development and tourism, was not surprised that the industrial building leased to Metals USA in Groveland's Christopher C. Ford Commerce Park sold in the past week for $14.5 million, more than a 40 percent jump from its last sale price of $10.1 million...

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  • Toy manufacturer buys Apopka warehouse for nearly $1.5M

    Toy manufacturer buys Apopka warehouse for nearly $1.5M

    A local company that developed and patented shipping pallets made of corrugated cardboard has sold its Apopka warehouse for $1.48 million. Design Pallets Inc. had owned the 36,000-square-foot warehouse at 2585 Clark St. since 2010. The company manufactured the lightweight pallets, which are recyclable...

  • Advanced Disposal plans new garbage truck maintenance facility SE of Apopka

    Advanced Disposal plans new garbage truck maintenance facility SE of Apopka

    Ponte Vedra-based solid waste company Advanced Disposal Services is pushing forward with regional expansion via 8.88 acres southeast of Apopka, filing plans for a new truck maintenance and fueling facility.  To be located at 5720 N. Pine Hills Road, south of Beggs Road, the facility would be roughly...

  • McKee Construction preps 15 acres of industrial flex-space in Sanford

    McKee Construction preps 15 acres of industrial flex-space in Sanford

    A Sanford firm believes the industrial market is on the upswing in Seminole County, and plans to break ground on 256,000 square feet of distribution and flex space by mid-Fall. McKee Construction Inc. will build the five-building project on 15.8 acres at the northeast corner of Monroe Road and...

  • High Street Realty spends $6.3M on second Orlando industrial property

    High Street Realty spends $6.3M on second Orlando industrial property

    Boston-based High Street Realty Company paid $6.3 million last month for its second warehouse property in Greater Orlando, and helped put the finishing touch on a hat trick of industrial sales for Orlando's Cite Partners in April and May along Shader Road. A private equity real estate investment...

  • Sanford tax abatement program was key to new Allegiant Air simulation center

    Sanford tax abatement program was key to new Allegiant Air simulation center

    A tax abatement program approved by Sanford voters in March is already producing the intended results. Sanford City Commissioners on Monday night approved the first of three public hearings which would reduce property taxes by 50 percent over the next 10 years for Allegiant Airlines' new $24.7...

  • Preferred Realty plans first self storage location in Sanford

    Preferred Realty plans first self storage location in Sanford

    A south Florida company plans to build a 91,000-square-foot storage facility on a well-positioned property near S.R. 417 in Sanford. A subsidiary of Margate-based Preferred Realty & Development Inc. purchased 6.5 acres of land at the northwest corner of 25th Street and S.R. 417 for $1.115 million....

  • Hill Dermaceuticals to lease land, build new facility at Sanford Airport

    Hill Dermaceuticals to lease land, build new facility at Sanford Airport

    A Sanford-based pharmaceutical company is expanding its operations on land owned by the Sanford Airport Authority. Hill Dermaceuticals Inc. plans to build a 19,167-square-foot warehouse/office building on two acres of airport land located on the east side of Mellonville Avenue, north of the Seminole...

  • Hammond Electronics sells Orlando HQ to distributor of nail supplies

    Hammond Electronics sells Orlando HQ to distributor of nail supplies

    Forty-plus years ago, when Hammond Electronics moved into its headquarters at 1230 W. Central Blvd. in Orlando, the office space in the building was thrumming with employees for the small electronic components supplier, which boasts locations across the Southeast.  “Back in the 70’s (when the building...

  • Ground breaks on new bakery distribution center & retail store in Tavares

    Ground breaks on new bakery distribution center & retail store in Tavares

    Site work has begun on a Flowers Foods distribution center and small bakery outlet in Tavares, set on 4.32 acres at the intersection of U.S. 441 and Nelson Street. The parcel, originally planned as a site for a church, sat vacant for sale through the recession. City officials learned last August...

  • Tag Aero delays new headquarter construction in Winter Garden to January

    Tag Aero delays new headquarter construction in Winter Garden to January

    Winter Garden-based Tag Aero, a parts distributor for commercial aircraft, is progressing on plans to build a new headquarters that's double the size of its current footprint, and should break ground on the $1.4 million project next January, the company's founder told GrowthSpotter.  That's a delay...

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  • Local broker buys Downtown Orlando Post Office property, seeks more assets

    Local broker buys Downtown Orlando Post Office property, seeks more assets

    A retired local real estate broker paid $3.2 million on Monday for a Downtown Orlando industrial property, fulfilling a 1031 exchange from a recent sale in Queens, New York. He has another Queens property set to move soon, and will be looking to place a few million more in Greater Orlando this...

  • Duke Energy, feeling the heat, needs to expand in area

    Duke Energy, feeling the heat, needs to expand in area

    Duke Energy, feeling the strain of the area’s increased population, is vastly expanding its transmission facility in Altamonte Springs and will be needing subcontractors to help with the job. The energy company, which has operated the 14-acre Spring Lake substation at 391 S. S.R. 434 since 1973,...

  • Longwood throwing open welcome mat to developers by lowering fees

    Longwood throwing open welcome mat to developers by lowering fees

    Longwood, a Central Florida city that has largely missed the area’s building boom, is planning to offer developers steep concessions in effort to kickstart growth. The city, after bringing in a national economic consulting firm, has identified 14 areas it feels are primed for development, and nothing...

  • Sanford bronze foundry land goes for $1.3M to loyal customer

    Sanford bronze foundry land goes for $1.3M to loyal customer

    The Sanford land containing a bronze foundry that has done work for the likes of Walt Disney World, Universal Studios and the University of Central Florida has been sold for $1.3 million to one of its customers. The three-acre American Bronze Foundry property on E. Lake Mary Boulevard was purchased...

  • Country may see growth slowing, but Central Florida not participating

    Country may see growth slowing, but Central Florida not participating

    While economic data show signs the rest of the country is slowing, it also clearly indicates that Greater Orlando continues to thrive. Local developers agree with the assessment, but also feel they have to plan and build smarter to keep the area robust. That was a key takeaway from the University...

  • Duke Energy to market Kissimmee industrial park

    Duke Energy to market Kissimmee industrial park

    Duke Energy has accepted a Kissimmee industrial park into its highly competitive site readiness program. The 193-acre Central Florida Business Park on Ham Brown Road has been approved for 2,095,500 square feet of office and industrial development. Located just south of the Lowe's Home Improvement...

  • Longwood takes initiative to list available local real estate on city website

    Longwood takes initiative to list available local real estate on city website

    The City of Longwood is on a development bent and has devised a relatively novel way of bringing business into its community: by posting extensive descriptions of available properties on its website. The city pulls properties in Longwood from real estate sales and leasing sites like LoopNet, as...

  • Mulvaney brothers add to industrial land pool near OIA, seek developers

    Mulvaney brothers add to industrial land pool near OIA, seek developers

    Brothers and local real estate investors Kenneth and Brian Mulvaney are looking for more developers to buy portions of what is now 231 acres of ex-Navy training property they own, west of Orlando International Airport.  Their affiliate Bogey Boggy Creek O8 LLC paid $4.32 million on April 12 to...

  • Industrial complex in northwest Orlando sells for $10.7M to local investors

    Industrial complex in northwest Orlando sells for $10.7M to local investors

    The four-building, 300,000-square-foot Shader Industrial Park in northwest Orlando has sold for $10.7 million, one of the biggest deals of its type this year. The complex was purchased by Hanover Platinum LLC, a group of local investors that includes Stephen, John and William Orosz, real estate...

  • Colony Capital affiliate pays $55.65M for warehouse buildings near tourism corridor

    Colony Capital affiliate pays $55.65M for warehouse buildings near tourism corridor

    An affiliate of Los Angeles-based Colony Capital paid $55.65 million on Tuesday for a four-building portfolio in Crownpointe Commerce Park near the tourism corridor. Located on Kingspointe Parkway off W. Sand Lake Road, the buildings dubbed Crownpointe I-IV were marketed for sale as a portfolio...

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  • Building supply company buys Apopka warehouse & land parcel to expand

    Building supply company buys Apopka warehouse & land parcel to expand

    A Jacksonville-based building supply company paid $2.09 million on April 15 for an Apopka-area warehouse and 3.75-acre undeveloped tract, with plans to develop and relocate their local distribution center. Located at 2459 Clark St., the 43,596-square-foot warehouse lies a quarter mile west of the...

  • Local group to lease land to UPS near airport for truck parking, future facility

    Local group to lease land to UPS near airport for truck parking, future facility

    Principals of local brokerage firm Tree Realty Orlando should close a land lease deal in the coming weeks with UPS for 5.84 acres near Orlando International Airport, with the site to be developed as a parking hub for trucks, and potentially redeveloped in the future as a seasonal sorting facility. ...

  • Electrical contractor or GC sought for LED install project at Amway Center

    Electrical contractor or GC sought for LED install project at Amway Center

    The City of Orlando is about to supply greater oversight to its professional basketball team by placing LED lighting everywhere they play in the Amway Center. The project, expected to cost as much as $800,000, has the city seeking a general contractor or electrical contractor, with bids due April...

  • Winter Garden's Dillard Street revamp to prompt millions in redevelopment

    Winter Garden's Dillard Street revamp to prompt millions in redevelopment

    Winter Garden is redoing one of its main arteries and entryways into the city, Dillard Street, a project that will cost the city close to $10 million and lead to hundreds of millions of dollars in estimated private development over the next two decades. The one-mile stretch of Dillard will be completely...

  • Amazon new distribution space in South Orlando used for 1-2 hour shipping

    Amazon new distribution space in South Orlando used for 1-2 hour shipping

    Amazon's new distribution center in South Orlando will support the new "Prime Now" one- and two-hour delivery service, with 100,000 square feet in Crownpointe Commerce Park near the tourism corridor leased in February, industrial real estate sources tell GrowthSpotter. 

  • Lake Technical College preps to build own Center for Advanced Manufacturing

    Lake Technical College preps to build own Center for Advanced Manufacturing

    C.A Voss of Electron Machine Corp. credits his employees for helping the Lake County manufacturer survive the recession. The company’s workforce remained stable and flexible when hours had to be cut during those dark years after 2008. Now those long-time employees are getting closer to retirement,...

  • Indoor RV storage planned for Ocoee near City Center West Orange

    Indoor RV storage planned for Ocoee near City Center West Orange

    A self-storage developer is planning to enlarge his Ocoee CubeSmart by building a 25,000-square-foot addition to store large recreational vehicles. “There is a real high demand right now for RV storage,” said Richard Beavers, whose Cubebuilders II LLC has submitted plans for the expansion to Ocoee....

  • Differing opinions on CNA's full leasing potential of new Lake Mary office building

    Differing opinions on CNA's full leasing potential of new Lake Mary office building

    While its brokers say insurance giant Continental Casualty Co., or CNA, could still take all four floors of the 137,000-square-foot office building being constructed for it in Lake Mary/Heathrow, the company insists it will go with three floors as initially planned. CNA executives and companies...

  • Brazilian meat processor picks Tavares to enter U.S. market, will renovate ice plant

    Brazilian meat processor picks Tavares to enter U.S. market, will renovate ice plant

    A Brazilian meat company is on the verge of expanding internationally by way of Tavares, with plans to re-purpose a former ice plant near the city for meat processing, for sale domestically and to new export markets, a principal with the company told GrowthSpotter.  Last September, The Gold Meat...

  • 300-unit boat & RV storage site proposed for Oviedo

    300-unit boat & RV storage site proposed for Oviedo

    A longtime fan of big boats and snazzy motor vehicles is looking to expand his interest by purchasing a 16-acre tract of land in Oviedo to set up an RV and boat storage facility. Hank Wilken wants to add to the two auto mechanic shops he has in Oviedo by putting in a storage area for up to 300...

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  • Orlando could open millions in PACE Financing capital to local property owners

    Orlando could open millions in PACE Financing capital to local property owners

    The City of Orlando will soon join more than 65 cities in Florida that are giving building owners access to the most attractive form of financing today for energy efficiency upgrades, which spreads repayment over enough years for an owner/operator to profit off the investment in Year One.  Orlando's...

  • Local importer wants to build 100,000 SF warehouse in Sanford

    Local importer wants to build 100,000 SF warehouse in Sanford

    An area importer will be moving his children’s furniture business and its 40 employees to the Port of Jacksonville, unless he can obtain Seminole County's approval to build a 100,000-square-foot warehouse on a vacant parcel near his Sanford headquarters. Anthony Lupo, CEO of Discovery World Furniture...

  • Industrial park proposed for longtime family property in Sanford

    Industrial park proposed for longtime family property in Sanford

    A 70-acre parcel in Sanford that's been owned by a Central Florida family for 80 years appears destined to become an industrial park. Christopher Kelley is proposing that his family's land, currently wooded area, be packaged for “upscale” industrial uses. Kelley’s potential industrial park would...

  • Regulating Plan for Tavistock's Sunbridge in Orange to be four times 'The Grow' area

    Regulating Plan for Tavistock's Sunbridge in Orange to be four times 'The Grow' area

    Orange County planners and approval boards will spend the next seven-and-a-half months reviewing Tavistock Development Company's Comprehensive Plan amendment and a Regulating Plan (RP) for 4,787 gross acres in the county's southeast, where more than a decade of mixed-use development could be rolled...

  • Tampa investor sells warehouse property for $1.75M, seeks local asset to reinvest

    Tampa investor sells warehouse property for $1.75M, seeks local asset to reinvest

    A Tampa investor who recently sold an Apopka warehouse property that carries a long-term lease is looking to reinvest the proceeds in the Central Florida market. David M. Mitchell’s LLC affiliate, DMI Apopka, sold a vehicle repair shop location last week for $1.75 million at 1990 S. Orange Blossom...

  • Seller of tractor trailers finds room to expand in Orlando

    Seller of tractor trailers finds room to expand in Orlando

    Tractor trailer sales and service company Maudlin International has chosen Orlando for its newest expansion, as the statewide enterprise sees opportunity in expanding its centralized location. Maudlin, which sells new and used trucks and tractors and repairs them, has chosen a site at 2200 S. Division...

  • American Forklift triples space with land purchase on L.B. McLeod Road

    American Forklift triples space with land purchase on L.B. McLeod Road

    American Forklift Rental & Supply paid $780,000 on Friday to acquire 1.84 acres near the Thirty Third Street Industrial park area in southwest Orlando, putting the company in position to expand this year, with construction equipment servicing a potential new niche, the company's president told...

  • New Eustis manufacturer already planning HQ expansion

    New Eustis manufacturer already planning HQ expansion

    Just a few months after buying a new headquarters building and moving to Eustis, AeroDoor International is expanding its Lake County business. AeroDoor submitted a plan to the city asking for approval to add a 21,179 square-foot building onto its new home at 2770 Dillard Road. That’s an increase...

  • Local precision manufacturer C4 ATS to build new production facility

    Local precision manufacturer C4 ATS to build new production facility

    C4 Advanced Tactical Systems, a local build-to-print manufacturer specializing in precision products with clients in the defense, space and energy sectors, has six acres under contract near Orlando International Airport and plans to build a new 62,770-square-foot production facility. The company's...

  • Church planning new $4 million home in Winter Garden, subcontractors sought

    Church planning new $4 million home in Winter Garden, subcontractors sought

    A $4 million place of worship is being planned for Colonial Drive in Winter Garden, as a church takes over property that until a couple of years ago contained an appliance retailer and repairer, and was also once a department store. Mosaic Church plans to create a 78,000-square-foot building at...

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  • California investor pays $8.5M for Winter Garden Business Park, seeks more locally

    California investor pays $8.5M for Winter Garden Business Park, seeks more locally

    Beverly Hills-based commercial property investor Bel-Cal Properties paid $8.55 million on Feb. 11 for the eight-building Winter Garden Business Park, and is looking for more assets across Greater Orlando in the coming year, the company's president told GrowthSpotter.  Located just south of Colonial...

  • Successful Groveland industrial park seeks more land for expansion

    Successful Groveland industrial park seeks more land for expansion

    Sandwiched between Groveland, Clermont, and Minneola is Hunt Industrial Park, a business that has developed into more than just rented space for companies, but a de facto business incubator for 78 companies across 24 acres since its start in 2004. On Friday, the South Lake Chamber of Commerce named...

  • Airport Acres promises more manufacturing, industry for Orlando

    Airport Acres promises more manufacturing, industry for Orlando

    Airport Acres, a four-building development near Orlando International Airport, will soon be getting its largest tenant, a major manufacturing company. Brett Kingstone, owner of project developer Max King Realty, will say little more because the deal, which involves a 60,000-square-foot building...

  • Groveland warehouse near Florida Turnpike sells for half its original cost

    Groveland warehouse near Florida Turnpike sells for half its original cost

    Estes Express Lines, one of the largest trucking companies in the country, spent $4 million for a warehouse and 31-plus acres in Groveland's Ford Commerce Park in late January, less than half the $8.4 million that the land and building sold for in 2003. A spokeswoman for Estes Express said the...

  • McNulty Group preps 3.3 acres for industrial flex-space near Orlando Airport

    McNulty Group preps 3.3 acres for industrial flex-space near Orlando Airport

    Orlando-based commercial developer McNulty Group Inc. is proposing 20,000 square feet of industrial flex-warehouse space less than six miles from Orlando International Airport, with plans under review by Orange County and a general contractor likely to be chosen by May. Located at 1076 Jetstream...

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  • A/C and heating company expanding in Altamonte Springs with new HQ

    A/C and heating company expanding in Altamonte Springs with new HQ

    Greater Orlando's vigorous growth is boosting demand for many services for homes and offices, and US Heating & A/C of Altamonte Springs is among companies riding the wave. The 25-year-old enterprise, which does business as U.S.H.A.C., is looking to make its first move in 16 years to much bigger...

  • Miami investor buys Kissimmee Nike and Disney outlets on U.S. 192 for $10.5 million

    Miami investor buys Kissimmee Nike and Disney outlets on U.S. 192 for $10.5 million

    Miami-based IMC Equity Group has added to its growing inventory of Orlando-area assets with the acquisition Friday of a Kissimmee shopping center anchored by a Nike clearance store. IMC paid $10.5 million for the 140,000-square-foot retail center at U.S. 192 at Old Vineland Road -- the firm's third...

  • NY-based self-storage operator spends $9M for two Orlando-area properties

    NY-based self-storage operator spends $9M for two Orlando-area properties

    Secure Holdings Investments LLC sold two Orange County self-storage properties on Wednesday to Sovran Acquisition LP, of Buffalo, N.Y., which does business as Uncle Bob’s Self Storage, a manager of self-storage properties in the U.S. A four-acre self-storage property at 2650 N. Powers Dr. in Orlando...

  • FAMRC seeks bids for installation of key equipment

    FAMRC seeks bids for installation of key equipment

    The construction manager for the cutting edge Florida Advanced Manufacturing and Research Center in Kissimmee is seeking MEP bids for mechanical, electrical, and plumbing services that are a major part of the construction supply chain. MEP plays a crucial role in allowing builders to make decisions...

  • Conklin Metal buys Orlando warehouse to expand, will seek engineer and GC

    Conklin Metal buys Orlando warehouse to expand, will seek engineer and GC

    Atlanta-based Conklin Metal Industries, a distributor of metal parts for the construction industry, paid $3.5 million on Dec. 28 to buy a warehouse in Orlando, more than doubling the size of a Sanford building the company has leased for 15 years.  "Our plan is to relocate the Sanford facility,...

  • Escot Bus Lines pays $1.5M for parcel to expand Orlando operations

    Escot Bus Lines pays $1.5M for parcel to expand Orlando operations

    A Tampa-based charter bus company with operations in Orlando paid $1.5 million on Tuesday to more than double its footprint locally, setting the stage for development plans on the property next year, the company's co-owner told GrowthSpotter.  Located at 419 W. Landstreet Road, the 4.86-acre parcel...

  • California building supply company may be coming to Orlando

    California building supply company may be coming to Orlando

     A company that helps give homes their interior "look" may be coming to town. The principals of Bedrosians Tile and Stone, through a limited liability company, paid $1.7 million for a 14.66-acre vacant commercial property at 2140 N John Young Pkwy, property records show. Larry E. Bedrosian, president...

  • Office building near UCF sells for $10 million

    Office building near UCF sells for $10 million

     Boston-based Tauras Investment Holdings has added another office building to its inventory at the Central Florida Research Park. Last week Tauras paid $10 million for a 78,303-square-foot, single-story office building at 2603 Discovery Drive. The 11-acre parcel also includes 460 parking spaces....

  • Extra Space Storage spends $20M for three Orlando-area properties, seeks more locally

    Extra Space Storage spends $20M for three Orlando-area properties, seeks more locally

    Salt Lake City-based Extra Space Storage, a publicly traded REIT and second largest operator of self storage in the U.S., spent more than $19.9 million last Thursday to buy three Orlando-area properties from Noah's Ark Self Storage in Bulverde, Texas.  The company is now prioritizing the Greater...

  • Winter Garden Commerce Center snags another tenant

    Winter Garden Commerce Center snags another tenant

    Winter Garden will soon have another new business headquarters. TAG Aero, a company that repairs and refurbishes parts for Airbus and Boeing airplanes, is building a new 12,000-square-foot headquarters building at 660 Garden Commerce Pkwy.  “This time next year we will be in our facility,” said...

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