A South Carolina firm that entered the Orlando market two years ago via its self-storage division is now looking to make a mark in the highly competitive industrial sector.
Johnson Development Associates (JDA) has completed five self-storage facilities here since 2017, has a purchase contract for a 17-acre site at the intersection of S. Orange Avenue and Town Center Boulevard.
The Spartanburg-based company operates in three major sectors: self-storage, multifamily and industrial. The firm has developed and managed approximately 21 million square feet of industrial space, including the Amazon Fulfillment Center in Lakeland.
Learn more about the out-of-state developer investing heavily in Central Florida, and the general contractor opportunity ahead.
By Mike Salinero
Feb 06, 2018 | 6:12 PM
JDA has filed a Notice of Proposed Change to the Southchase Development of Regional Impact seeking to convert 95,000 square feet of commercial entitlements to industrial in order to build 281,160 square feet of high cube distribution space. The firm is represented by Lowndes, Drosdick, Doster, Kantor & Reed.
Daryl Carter, president of Maury L. Carter & Associates, is the property owner. He told GrowthSpotter this corner tract is the last undeveloped portion of the original 270-acre parent parcel his investment group bought in 2001.
The location, just off the interchange of the Central Florida Greeneway/S.R. 417 and the Florida's Turnpike, make it ideal for logistics and distribution activity.
Real estate investorGLP is wrapping up a 259,074-square-foot expansion of the Whirlpool distribution center, also in the Southchase DRI. With the expansion, Whirlpool's buildings would cover more than 50 acres of GLP land.