Massive New Mixed-Use Logistics Hub Slated For Daytona Beach
The full development spans about 2,860,000 square feet on a 290-acre tract, making it one of the more significant industrial offerings in the region.
The full development spans about 2,860,000 square feet on a 290-acre tract, making it one of the more significant industrial offerings in the region.
The project includes two warehouses, with the larger building expected to accommodate significant logistics operations.
JLL’s Cam Montgomery and Matt Sullivan are leading leasing efforts for the property on behalf of Stonemont.
Colliers’ Alex Evans, managing director and Orlando market leader, and Jessica Sirianni, office services associate, moderated the panel, which covered the future of the area’s office market, focusing on shifts in lending, access to capital and Federal Reserve interest rates; trends in office users’ preferences and navigating the return to office; attracting businesses and talent to the area; and more.
Built in 1974, the multifamily community is located at 1715 Northeast 36th Ave. on a 5.3-acre site comprising eight two-story buildings.
The new multifamily community will be developed on a 12.7-acre infill parcel adjacent to Altamonte Springs City Hall and across from the SunRail commuter station.
JLL Capital Markets arranged the sale of a newly renovated 34,938-square-foot industrial facility located at 4000 Shader Rd.
The company is moving operations from South Florida to Central Florida, drawn by cost advantages and access to Florida’s key logistics corridors.
The lease was signed for a 15-year term.
CBRE’s Tyler Kuhlman and Luke Hansen represented the seller in the transaction.
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