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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.
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Plans call for demolishing existing structures to make way for a new distribution center that will offer more than 400,000 square feet of industrial space.
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UPDATED: Dalfen Industrial planning 243-acre spec industrial park near Orlando International Airport
The developer is proposing a massive 3.38 million-square-foot speculative industrial project that will stand to compete with the likes of major fulfillment centers in Davenport and Apopka.
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The company plans to break ground in 2020 on a 300,000-square-foot advanced manufacturing facility.
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Sanford economic development director Bob Turk said Fastenal plans to build a 150,000-square-foot logistics center that will likely be expanded later.
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The rezoning could add another 2 million square feet of industrial entitlements to the rail hub at Florida's Gateway.
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Restaurants, offices and microbreweries with tap rooms and an industrial chic vibe could highlight the projects.
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Find out which national homebuilder is joining Hanover in the neighborhood across from SunRail.
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A member of the selling entity originally assembled the bank-owned properties along East Story Road in 2013 for a mere $563,000.
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The proposed corporate headquarters is being planned near the company's current location at the Apex Commerce Center, just west of S.R. 429.
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The 17-acre site sits at the intersection of S. Orange Avenue and Town Center Boulevard, just south of Whirlpool's regional distribution center.
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The owner still needs to win site plan approval from the city for the proposed Auburndale Commerce Center.
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Mills Place in Winter Park and Central City Station in downtown Orlando are the latest in a string of adaptive reuse projects Garber Development is undertaking across Central Florida.
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The self-storage facility north of Orlando's Health Village would have retail on the ground floor and a roof-top terrace that could open to the public as a restaurant or neighborhood pub.
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After selling its latest warehouse properties for $42 million, the developer is prepping to build another 108,000 square feet of spec industrial.
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Plans call for about a half-million square feet of new industrial space, but several lawsuits brought along by neighboring residents and environmentalists linger in the background.
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The property next to the Central Florida Fairgrounds on West Colonial Drive drew in about a dozen offers, generating interest in redeveloping the property for self-storage, retail or warehouse use.
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More than 315,000 square feet of Class A office space is being planned for the remaining parcels of land within the Sand Lake West Business Park near Orlando's tourism corridor.
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The car dealer has links to Gil Dezer, who is redeveloping the former 104-acre Artegon Marketplace in Orlando's tourism corridor into a mixed-use entertainment center with high-end apartments and a car museum.
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Commercial real estate investors and developers are hankering to be near Orlando International Airport as brokers predict OIA will be the number one busiest airport in the next 10 years.
