Mapletree Announces Orlando Warehouse Expansion As Construction Kicks Off
This second facility will include 51,977 square feet of warehouse space, 2,018 square feet of office space, 32-foot clear heights and 62 parking stalls.
This second facility will include 51,977 square feet of warehouse space, 2,018 square feet of office space, 32-foot clear heights and 62 parking stalls.
Current and prospective members will now have access to over 60 Crunch Fitness locations across the state of Florida.
The property sold for $254 per square foot.
This acquisition is the second and largest of three planned land purchases along Micco Road for the Ashton Park mixed-use development, a massive 1,568-acre project valued at $2.5 billion.
The Space Coast has witnessed tremendous growth in recent years, fueled by expanding aerospace, defense, and STEM industries, as well as increased tourism. The region is home to some of the world’s most innovative companies, including NASA, SpaceX, Blue Origin, Boeing, and Lockheed Martin.
A tenant signed a 10-year lease for a 283,170-square-foot facility located at 5101 Wesley Road.
The development represents a significant investment in the local industrial market and is anticipated to bring new jobs and economic activity to the area.
The shopping center is located within the bustling Dr. Phillips retail district.
Sitework on the new infill logistics warehouse development is expected to commence in the first quarter with plans to go vertical later this fall and a projected substantial completion slated for the first quarter 2026.
The 47,418-square-foot, 2 building property features 18 office suites and 10 retail units.
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