--%>
xml:space="preserve">
xml:space="preserve">
Advertisement

McNulty Group is doubling down in Apopka with plans for new EPG warehouse

Environmental Products Group (EPG) wants to expand to a larger, 35,000-square-foot warehouse building at 700 Hermit Smith Road.
Environmental Products Group (EPG) wants to expand to a larger, 35,000-square-foot warehouse building at 700 Hermit Smith Road. (City of Apopka)

Orlando-based commercial real estate company the McNulty Group Inc. is proposing to build a new warehouse for the equipment company Environmental Products Group in Apopka.

The city’s Development Review Committee is scheduled to review a preliminary development site plan, submitted by McNulty Group, on Wednesday. Plans show the developer intends to build a new 35,000-square-foot warehouse office building for EPG on a 7.4-acre site at 700 Hermit Smith Road.

Advertisement

Records show EPG bought the land for $900,000 last year.

Chuck McNulty, the founder of the McNulty Group, told GrowthSpotter EPG plans to relocate out of its current location at 2525 Clarcona Road. The 14,400-square-foot warehouse, built in 1973, sits on a 1.6-acre site that has been EPG’s longtime home since the company paid $365,000 to acquire the property in 2011.

The Orlando-based real estate company wants to build two 48,000-square-foot warehouse buildings along Clarcona Road with a joint venture partner.

EPG has locations throughout the Southeast United States and the Caribbean, according to its website. The company provides infrastructure maintenance equipment such as Elgin street sweepers and TRUVAC vacuum excavators.

Representatives at the company did not respond to requests for comment.

Across from its current location, McNulty is proposing to build a speculative 96,000-square-foot industrial complex at 2870 Clarcona Road. GrowthSpotter reported the plans just last month, meaning McNulty Group is proposing to build at least two industrial projects in Apopka simultaneously.

In addition to its Apopka plans, McNulty Group is also completing a seven-building industrial park in eastern Orange County, along Curtis Street and on the east side of Forsyth Road. Of the seven warehouses, five were completed within the last year while two are under construction.

Around this time last year, the McNulty Group sold its portfolio of cold storage warehouses in Apopka for $25 million to Miami-based Mandich Real Estate Advisors.

It joins other large industrial developers seizing opportunities to build on Apopka’s trove of centrally-located and available land in Florida, as well as its access to major roadways like State Road 429, which is near complete and extends along Metro Orlando’s western edge.

Lakeland-based Blue Steel Development and JV partner Bob Zlatkiss assembled about 230 acres on U.S. 441/Orange Blossom Trail with plans to build a new industrial park entitled to up to 2.5 million square feet of space.

Sunrise-based real estate investment company Centerline Capital Advisors wants to assemble about 367 acres of land by the beltway for a large mixed-use community.

The company applied for Planned Development zoning approval in Apopka that would allow for 1.5 million square feet of industrial space, more than 200,000 square feet of commercial uses, up to 278 multifamily units, up to 643 single-family or townhome dwelling units, and up to 75,000 square feet of office space.

Have a tip about Central Florida development? Contact me at arabines@GrowthSpotter.com or (407) 420-5427, or tweet me at @amanda_rabines. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

Advertisement
Advertisement