Industrial Real Estate Developments

  • 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...

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  • 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...

  • 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...

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  • Aldi seeking to expand Haines City distribution warehouse by 4.6 acres

    Aldi seeking to expand Haines City distribution warehouse by 4.6 acres

    Aldi Food Market is planning a major expansion of its Haines City distribution facility to serve its growing footprint in Central Florida. Matt Thon, Aldi Haines City Division vice president, told GrowthSpotter the expansion "will allow us to continue delivering the highest quality groceries that...

  • Developer sells new self storage facility near Florida Mall, preps land search

    Developer sells new self storage facility near Florida Mall, preps land search

    Charlotte-based Morningstar Properties, operator of Morningstar MiniStorage, paid $8.5 million on Monday for a newly-opened 95,000-square-foot self storage facility at the Florida Mall developed by Lake Mary-based developer Flagship Companies Group. Flagship has 10 more Florida sites planned for...

  • First Industrial Realty Trust pays $8M in off-market deal for 3rd Orlando warehouse

    First Industrial Realty Trust pays $8M in off-market deal for 3rd Orlando warehouse

    Chicago-based First Industrial Realty Trust spent $8.025 million on Friday in an off-market transaction for its third warehouse property in Orlando. Located at 550 Gills Dr. in the Crossroads Business Park, southeast of The Florida Mall and near the W. Landstreet Road intersection with the Beachline...

  • Local event supplier pays $2.5M for warehouse in OCP, seller to turn 1031

    Local event supplier pays $2.5M for warehouse in OCP, seller to turn 1031

    Orlando-based event supplier Florida Event Decor paid $2.5 million on May 31 to pave a path for its growing business, buying a warehouse in Orlando Central Park with enough undeveloped land on the lot to expand the building by 50 percent.  Set on 2 acres at 2301 Premier Row, the 39-year-old warehouse...

  • 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...

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  • Orlando-based aluminum distributor defers construction after Orange DRC approval

    Orlando-based aluminum distributor defers construction after Orange DRC approval

    A national distributor of aluminum products based in Orlando earned local government approval this week to nearly double the size of its operation, but the firm’s officers are undecided about whether to move forward. AA Metals submitted a Development Plan to Orange County in February for a 90,000-square-foot...

  • Jacksonville company to rehab Sanford building for new ice production plant

    Jacksonville company to rehab Sanford building for new ice production plant

    Jacksonville-based The Ice Man is expanding into Seminole County and will be hiring local contractors to transform a Sanford building into a new ice plant, the company's owner told GrowthSpotter. The company paid $1.6 million for an industrial building on 2 acres at the corner of Old Lake Mary...

  • McCraney pursues two new spec warehouses at Bent Oak Industrial Park

    McCraney pursues two new spec warehouses at Bent Oak Industrial Park

    West Palm Beach-based developer McCraney Property Company is starting permit applications for the last two undeveloped pads it owns within Bent Oak Industrial Park, which should total nearly 180,000 square feet of spec warehouse space.  The company filed development permit requests on Sunday with...

  • Duke Realty buys site near I-Drive, new warehouse expected for PODS expansion

    Duke Realty buys site near I-Drive, new warehouse expected for PODS expansion

    Duke Realty Corporation paid more than $4.16 million on Tuesday for land near International Drive, where it is expected to build a warehouse for local client PODS to relocate and expand its Orlando storage operations.  Located at 7133 Municipal Dr., the 14.6-acre parcel lies two blocks from I-Drive,...

  • Whirlpool & land owner file plans to expand Orlando distribution center

    Whirlpool & land owner file plans to expand Orlando distribution center

    Global industrial real estate investor GLP filed plans on Monday to expand Whirlpool's regional distribution center in South Orlando by more than half, pushing the facility to more than 750,000 square feet.   Located directly south of the manufacturer's distribution center at 13201 S. Orange Ave.,...

  • Updated plan for distribution center would be Orlando's tallest & largest, Amazon eyed

    Updated plan for distribution center would be Orlando's tallest & largest, Amazon eyed

    Updated plans for land south of Orlando International Airport show Orlando's largest proposed industrial building would have more than 2.33 million square feet of storage area, an unparalleled size for this market -- and one sources say matches Amazon's newest fulfillment centers around the country....

  • Blackstone buys Orlando warehouses for $12.5M as part of 38-asset portfolio deal

    Blackstone buys Orlando warehouses for $12.5M as part of 38-asset portfolio deal

    An affiliate of the Blackstone Group paid $12.45 million on April 18 for two industrial warehouse properties west of Orlando International Airport, part of a 38-asset national portfolio buy closed in the past week.  Located at 10950 Palmbay Dr. and 10805 Southport Dr., the two properties (Southport...

  • Georgia mulch company pays $2.8M for site near Apopka, plans market entry

    Georgia mulch company pays $2.8M for site near Apopka, plans market entry

    An affiliate of Georgia-based Cowart Mulch Products paid $2.8 million on April 13 to enter the Central Florida market by way of Apopka, buying a former lumber yard that it will convert into its first mulch processing and sales facility in Florida.  Located at 2320 N. Orange Blossom Trail, the 19.9-acre...

  • McDonald Development seeks lender for 4th industrial bldg at Lee Vista

    McDonald Development seeks lender for 4th industrial bldg at Lee Vista

    Atlanta-based McDonald Development Company is preparing to break ground on its fourth spec industrial building in the Lee Vista Commercial Park, and is seeking a construction lender within the next three months, a lead executive with the company told GrowthSpotter.  Planned for a 7.8-acre site...

  • 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,...

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  • 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...

  • 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...

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  • 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,...

  • 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. ...

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  • 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,...

  • 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...

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  • 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.,...

  • Tennessee-based developer buys industrial land near Winter Park for Class A apts

    Tennessee-based developer buys industrial land near Winter Park for Class A apts

    Tennessee-based multifamily developer and builder TDK Construction Company paid $5.64 million on Tuesday to enter the Florida market, buying nearly 17 acres in northeast Orange County with entitlements for a 332-unit Class A apartment complex.  The company is now sourcing a construction loan for...

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  • 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...

  • Republic Services proposes new recycling facility southeast of Apopka

    Republic Services proposes new recycling facility southeast of Apopka

    Republic Services of Florida filed plans this week to build a new tipping facility for affiliate All-Rite Recycling in west Orange County southeast of Apopka, preparing for a bigger presence in the market with multiple service contracts in waiting with local cities. To be located at 3401 Overland...

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  • 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...

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