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Real estate players from all sectors came together and asked the commission to reconsider the proposed rates that could easily double, triple, and in some cases even quadruple.
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The 25-acre portfolio is clustered around the northeast corner of the Beachline Expressway and South Orange Avenue in the airport/Lake Nona submarket.
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The long-time vacant Kennedy Campus development site resides in the 33rd Street Industrial submarket area in Orlando.
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The auction company is the world's largest reseller of sport vehicles, including motorcycles, RVs and boats.
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The transactions take place in major industrial parks: Mid-Florida Logistics Park in Apopka and Ford Commerce Park in Groveland, Lake County.
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The three sites already have approved development plans for a new industrial park, credit union and $50 million apartment complex.
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The architect behind the expansion spoke with GrowthSpotter about plans, which will add nearly 200,000 square feet to the current facility.
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The project adds to the over 3.5 million square feet of speculative warehouse space now under construction in the West Polk County submarket.
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Plans show the company intends to develop 159,000 square feet of office and flex industrial space along Goldenrod Road.
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The roughly 20-acre commerce center consists of two recently completed industrial warehouses and a vacant retail outparcel along Sand Lake Road.
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The developers were able to secure another 10 acres, which allows them to expand the facility to 1 million square feet.
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The deal for the 7.85-acre industrial site on Bumby Avenue follows Dean Foods' Chapter 11 bankruptcy protection filing in November.
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Nearby, Kroger is building a 375,000-square-foot fulfillment center and Seefried Industrial Properties, a regular developer for Amazon, is proposing to build a roughly 200,000-square-foot facility in Ford Commerce Park.
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This is the second large-scale industrial park planned for Osceola County this year, and the first in the City of Kissimmee.
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The developer paid about $1.9 million for the 9-acre site just east of Conway Road.
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The developer owns a combined 57 acres just south of the SunRail station.
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The $16 billion company supplies groceries and essentials to thousands of convenience stores, drug stores and other retailers.
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Kissimmee Jet Center will compete against three bidders to keep its FBO services at the city airport.
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Recker Highway is an industrial corridor just south of the Auburndale city limits that runs parallel to the CSX freight line.
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The developer has already pre-leased half of the building, which is going in just south a the new ALDI store in St. Cloud.
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Located eight miles from Walt Disney World and 10 miles from the Orange County Convention Center, Kissimmee Gateway Airport accommodates general aviation air service 24 hours a day on its two paved runways. The airport handles over 130,000 flight operations annually.
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The deal is part of a larger sale leaseback agreement that happened in connection with New York-based Monomoy Capital Partners acquiring the distribution company last week.
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Active brokers in Central Florida said they are seeing fewer bids placed on properties, and industry insiders claim hotel deals are frozen.
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The company plans to build a 1.5 million square foot business park to serve the Disney and Four Corners area.
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The mixed-use district at the busy I-4 interchange will be getting vacation townhomes and an age-restricted apartment complex as it approaches buildout.
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The developer has a history of building and acquiring new self-storage facilities along the I-4 corridor with capital venture partner Blue Vista Capital.
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A multi-tenant industrial park in Apopka and a logistics center fully leased to CVS in Orlando recently sold for a combined total of $61.15 million.
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Construction of the the warehouse began shortly after the developer paid $5.3 million for the 21-acre site.
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The proposed 125,100-square-foot commercial building features climate-controlled units and more than 41,500 square feet of office and retail space.
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The proposed 36.4-acre industrial park is adjacent to residential neighborhoods to the west and south.
