Atlanta-based Seefried Industrial Properties just bought two industrial development sites in Central Florida with plans to develop new last-mile fulfillment centers for the e-commerce giant, Amazon.
In Apopka, the company partnered with global asset manager Nuveen Real Estate to purchase about 43.6 acres of land within the roughly 180-acre Mid-Florida Logistics Park, located west of S.R. 429, south of General Electric Road and east of Hermit Smith Road.
According to Orange County records, entity SIF Apopka Distribution Center LLC paid nearly $14.4 million for a parcel of land labeled Lot 3 within the master development plan for the industrial park. A company tied to BlueScope Properties Group is the seller.
Entitlements allow for the construction of a 201,475-square-foot distribution center with more than 1,550 parking spaces, including employee parking, van storage space and trailer box loading space.
Plans had to go before Apopka’s planning committee earlier this summer to amend the previously approved development plan so the developer may reconfigure the lot sizes. At the meetings, planning officials confirmed the tenant would be Amazon.
Once complete, Mid-Florida Logistics Park will feature about 2.4 million square feet of industrial space. The industrial park is minutes away from State Road 429 and the new Wekiva Parkway that connects to S.R. 46 to the north.
According to a lease agreement filed in Lake County, the tenant will be Amazon.
The e-commerce giant signed a long-term lease with right of first refusal starting in July of next year, when the facility is scheduled to be complete. Records show Amazon has the option to extend or renew the term of the lease for five successive terms of five years each.
Seefried Industrial is planning to build a roughly 200,000-square-foot warehouse under the project name, DFL8 - Groveland Last Mile.
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.
The land sits across a Home Depot distribution center at 19975 Independence Blvd., within the Lake County/Groveland Joint Planning Area, where other large industrial facilities are being planned.
Nearby, Kroger Co. and U.K.-based e-grocer Ocado are building a 375,000-square-foot customer fulfillment center at 7925 American Way that is estimated to cost $125 million to complete.
Earlier this summer, GrowthSpotter reported that a company led by media billionaire and developer Edmund Ansin paid $4 million for a 123-acre development site on the northwest corner of US Highway 27 and O’Brien Road.
Seefried Industrial is behind building Amazon distribution centers in Lake Nona, as well as facilities in California, North Carolina and Alabama.