Industrial Real Estate Developments

  • McCraney leases 207,000+ SF in Polk County industrial park to UPS

    McCraney leases 207,000+ SF in Polk County industrial park to UPS

    UPS has contracted to become the sole tenant at 27 Logistics Park, a McCraney Property Co. building on U.S. 27 near I-4 in eastern Polk County. A global leader in logistics and transporting packages and freight, UPS will lease the 207,676-square-foot, spec Class A warehouse on 12.67 acres fronting...

  • British-Norwegian fishing operation plans refrigerated warehouse/distribution facility in Orange

    British-Norwegian fishing operation plans refrigerated warehouse/distribution facility in Orange

    Bermuda- and Delaware-based affiliates of a British-Norwegian sustainable fishing operation have plans to build a 25,742-square-foot refrigerated warehouse and distribution facility on South Orange Avenue just north of State Road 417. Land owner Wewatta LLC of Wilmington, Del., purchased the 2.73-acre,...

  • Deltona enlists economic development firm to help lure manufacturers

    Deltona enlists economic development firm to help lure manufacturers

    Deltona, Volusia County’s largest city with 90,000 people, has long been known as a bedroom community whose workers get up mornings and travel to jobs in Orange, Seminole and other Central Florida counties. But city leaders say they’re on the verge of changing the city’s DNA from worker exporter...

  • Warehouse near Winter Park sells to Boston-based investor

    Warehouse near Winter Park sells to Boston-based investor

    The 63,380-square-foot Metric Industrial Center east of Winter Park has sold for a recorded $5.2 million to an affiliate of Boston-based High Street Realty Co. The industrial warehouse at 4515 Metric Drive, north of University Boulevard, is 100 percent leased to two tenants, including original...

  • Dr. Phillips expanding Packing District, revising development plan

    Dr. Phillips expanding Packing District, revising development plan

    Dr. Phillips Charities has filed plans with the City of Orlando to formally change the name of its ambitious mixed-use district west of College Park to "The Packing District" and has identified more than a dozen industrial buildings that could be converted for other uses. Dr. Phillips President...

  • Pair of L.B. McLeod Road warehouses sell to out-of-state investor

    Pair of L.B. McLeod Road warehouses sell to out-of-state investor

    An affiliate of a Pennsylvania-based investor that’s been active in Metro Orlando during the last 18 months has purchased a pair of warehouses in east Orlando for a recorded $9.1 million. Exeter Property Group purchased the facility on L.B. McLeod Road, midway between Kirkman Road and President...

  • Five-building commercial property in Sanford sells for $9.55 million

    Five-building commercial property in Sanford sells for $9.55 million

    Daytona Beach-based Charles Wayne Properties has purchased an 8.49-acre property, Monroe CommerCenter South in Sanford, for $9.55 million, broker CBRE said Thursday. With 116,500 square feet of leasable office and warehouse space, the five-building property benefitted from proximity to Interstate...

  • Home-grown tech manufacturer plans 50,000-square-foot plant in Seminole

    Home-grown tech manufacturer plans 50,000-square-foot plant in Seminole

    Central Florida-based OptiGrate Corp. will expand into a new 50,000-square-foot facility called IPG Oviedo Technology Center, bearing the name of the company that purchased the local laser manufacturer and researcher last year.   Last week, IPG Photonics Corp. submitted a pre-application and site...

  • Mixed-use commercial development planned on 10 acres in Sanford

    Mixed-use commercial development planned on 10 acres in Sanford

    Years of waiting are finally paying off for developer and plumbing contractor Robert Maksimowicz in his quest to assemble and develop 10 acres on Sanford’s West First Street.  From one small 0.54 acres parcel he bought in 2005, Maksimowicz was able to assemble just over 10 acres with four additional...

  • Co-developer of Amazon fulfillment center sells to affiliate of Boston-based investor

    Co-developer of Amazon fulfillment center sells to affiliate of Boston-based investor

    A partner in the development of Amazon’s new fulfillment center located near Orlando International Airport has, according to county records, sold its property for $108 million. An affiliate of TA Realty in Boston is listed as the buyer, with a mortgage in the amount of $45,000,000 with Wells Fargo...

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  • Investor reunites w/seller for $5.7M off-market deal on NW Orlando warehouses

    Investor reunites w/seller for $5.7M off-market deal on NW Orlando warehouses

    A Miami-based real estate investor paid $5.7 million this week for nearly 110,000 square feet of warehouse space in northwest Orlando's "construction corridor." Brian Holland acquired a pair of adjacent warehouse buildings, each 50,000-plus square feet, at 4424 Seaboard Road and 4455 Dardanelle...

  • Ohio-based CRE investment group plans Phase 2 warehouses near Orlando airport

    Ohio-based CRE investment group plans Phase 2 warehouses near Orlando airport

    An Ohio-based commercial investment group is preparing to break ground on the second phase of an industrial center in southeast Orlando, with flex-office and a large distribution center planned in a booming submarket near the airport.  Located at 8119 S. Orange Ave., just south of E. Sand Lake...

  • New plans forward commercial & industrial development for 196-acre Infinity Park

    New plans forward commercial & industrial development for 196-acre Infinity Park

    Tavistock Development Company has pushed forward with plans to subdivide and develop infrastructure for its 196-acre "Infinity Park" property near Orlando's tourism corridor, with roughly half the site forecasted for large-scale industrial buildings.  Located with frontage on S. John Young Parkway,...

  • Nestle to expand water distribution plant near Casselberry

    Nestle to expand water distribution plant near Casselberry

    Nestle Waters North America is preparing to expand its distribution center near Casselberry by 66 percent, according to plans the company filed with Seminole County and the St. Johns River Water Management District. The warehouse, located at 150 Lyman Road, is for bottled water and dispensers for...

  • Toronto-based event services company buys Orlando warehouse to expand

    Toronto-based event services company buys Orlando warehouse to expand

    Toronto-based CCR Solutions, an events and audio-visual services provider, paid $2.05 million in recent weeks to more than double its operating space in Orlando, betting on the continued strength of the U.S. economy and the area’s meeting and event needs. Located at 4351 35th St., the 1.43-acre...

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  • Local construction crane supplier buys Orlando warehouse property to expand

    Local construction crane supplier buys Orlando warehouse property to expand

    One of Greater Orlando's leading parts suppliers for construction cranes paid $1.425 million on Friday to expand locally, buying its own warehouse with direct rail access.  Located at 3001 Hansrob Road, the one-acre property lies in northwest Orlando off of Silver Star Road, with a 15,251-square-foot...

  • Intram Investments buys 160 acres of Davenport industrial land

    Intram Investments buys 160 acres of Davenport industrial land

    Orlando-based Intram Investments paid $400,000 for 160 acres in Davenport on Friday with a half-mile of frontage on Interstate 4. The property lies just outside the Four Corners Business Park, at the end of Home Run Boulevard and bordering on the Green Swamp. Intram paid cash for the vacant land,...

  • St. Cloud's AmeraTrail planning new HQ and manufacturing plant on E192

    St. Cloud's AmeraTrail planning new HQ and manufacturing plant on E192

    St. Cloud-based AmeraTrail, which builds custom boat trailers, is planning for a new 150,000-square-foot manufacturing facility as part of a larger 55-acre mixed-use development. Owner Scott C. Locke has applied to rezone the land at the intersection of U.S. 192 and Old Melbourne Highway, near...

  • Pharma entrepreneur explores development for 65 acres near 33rd St Industrial Park

    Pharma entrepreneur explores development for 65 acres near 33rd St Industrial Park

    A South Carolina-based entrepreneur and real estate investor is exploring new phased warehouse development for 65 acres near Orlando's 33rd Street Industrial Park, with a key wetland conversion approval still ahead.  Located north of the 5300 block of LB McLeod Road, the property known as the "Kennedy...

  • Summit Construction preps Ocoee site for self storage, retail & more

    Summit Construction preps Ocoee site for self storage, retail & more

    Orlando-based Summit Construction Management Group has 11.7 acres under contract in Ocoee with a closing anticipated this month, and plans for new retail and a self storage facility they may self-brand and operate.  Located at 255 Fountains West Blvd., the site lies off the Ocoee Apopka Road and...

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  • U-Haul preps site near Orlando airport for moving truck maintenance facility

    U-Haul preps site near Orlando airport for moving truck maintenance facility

    U-Haul International is preparing plans for a new truck maintenance facility next to its flagship moving and self-storage center now under construction near Orlando International Airport, drawn to population growth in the Lake Nona community. Located at 7800 Narcoossee Road, the 10.2-acre parcel...

  • Sun Terra buys Hills of Minneola for $70M+, plans construction this year

    Sun Terra buys Hills of Minneola for $70M+, plans construction this year

    Oviedo-based developer Sun Terra Communities paid $70.8 million last week for the balance of The Hills of Minneola, an approved Planned Unit Development in Lake County that's entitled for nearly 4,000 homes. The property straddles all four corners of the Minneola - Florida Turnpike interchange...

  • Out-of-market investors spend $1.5M combined in Sanford industrial park

    Out-of-market investors spend $1.5M combined in Sanford industrial park

    Two industrial properties in different phases of Sanford’s Monroe CommerCenter sold for a combined $1.5 million recently, according to property records and NAI Realvest brokers who represented the sellers in both transactions. Dania Beach-based investor Edward S. Shevchuk, through his company Shevchuk...

  • South Florida-based TCII buys two flex-industrial bldgs in Winter Park

    South Florida-based TCII buys two flex-industrial bldgs in Winter Park

    Full-service real estate firm TCII Capital Group paid $2.9 million on Friday for two industrial-flex buildings in Winter Park, its second large commercial asset purchase there in the past year. With the purchase, the Miami company gains a foothold in the extremely tight Central Florida industrial...

  • New self-storage player enters Orlando with plans in growing tourism corridor

    New self-storage player enters Orlando with plans in growing tourism corridor

    A new player in Orlando self-storage filed plans Monday for a cutting-edge facility in the tourism corridor, and anticipates closing on the land this month with a retail component to follow. Located along Palm Parkway north of its intersection with Marbella Palms Court, the 2.75-acre parcel lies...

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  • Orlando CRE attorney preps 125k SF of new flex-industrial space in Clermont

    Orlando CRE attorney preps 125k SF of new flex-industrial space in Clermont

    Orlando commercial real estate attorney John K. Keating earned approval Tuesday night from the city of Clermont to build up to 125,000 square feet of mixed commercial and industrial flex space. Keating has owned the 21.53-acre project site on Hancock Road, east of the Greater Pines subdivision, since...

  • HVAC service company buys property for new headquarters in Sanford

    HVAC service company buys property for new headquarters in Sanford

    Tropical Air of Central Florida, a full-service HVAC installation and repair company, is leaving its long-time home in Longwood to expand with a recently purchased property in Sanford.  The residential and commercial service company, which operated out of leased space in Longwood for about five...

  • Westgate Resorts pays $5.5M for Orlando warehouses for new laundry hub plans

    Westgate Resorts pays $5.5M for Orlando warehouses for new laundry hub plans

    Westgate Resorts paid $5.5 million on Thursday to stay ahead of growing demand for industrial real estate, buying a dual-warehouse property for its own storage needs and a planned state-of-the-art laundry facility. Located at 2216 Directors Row in Orlando Central Park, the 4.45-acre property features...

  • Cabot buys value-add warehouse near Florida Mall, targets Orlando market

    Cabot buys value-add warehouse near Florida Mall, targets Orlando market

    An affiliate of Boston-based Cabot Properties paid $11 million on Tuesday for another value-add warehouse property in Greater Orlando, and is listing the market among its Top 20 for industrial investment.  Located at 1264 La Quinta Dr., directly south of the Florida Mall, the 9.3-acre property...

  • Local drywall specialist contractor buys Winter Garden warehouse to expand

    Local drywall specialist contractor buys Winter Garden warehouse to expand

    Winter Garden-based drywall contractor United Wall Systems paid $795,000 in recent weeks to triple its current operating space, betting on the continued growth of Greater Orlando's commercial construction demand.  Located at 401 E. Smith St. in Winter Garden, the 0.7-acre parcel includes a flex-warehouse...

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