Brett Kingstone, owner of project developer Max King Realty, will say little more because the deal, which involves a 60,000-square-foot building and perhaps even more space, is still being negotiated.
The likely tenant and others slated for the 18.5-acre development off S.R. 528 show that Orlando "is becoming a destination center for technology and manufacturing, whose revenue will soon eclipse the entertainment industry," Kingstone said.
The Airport Acres site will be used by Archer Western for design, administration and engineering services, and the company will occupy 7,000 square feet of a 24,000-square-foot building.
Leasing 3,000 square feet of the same building is the Florida sales and support arm of Makino.
The Japanese company makes computer-controlled machines for the aerospace, medical, automotive and telecom industries, among others.
In coming to Orlando, Makino will now offer its support services directly after having used a distributor for the state, said Tony Turner, senior application engineer at the company.
Construction of the $25 million Airport Acres project began at the end of last last year, and is expected to be complete by June. Kingstone paid $1.1 million for the property and spent another $1.5 million for site preparation.
The shells and roofs are complete and the two buildings are now having their interiors finished.