MDH Partners Completes Lease-Up Of 350,000 SF Industrial Building In Ocala
MDH Partners announced the lease-up of Ocala Logistics Center, a 350,899-square-foot, Class-A distribution building in Ocala.
BroadRange Logistics leased the entire building, with Clay Witherspoon of Avison Young representing MDH Partners and John Gosnell of Strategic Real Estate Partners representing BroadRange Logistics.
“We’re thrilled to have reached our goal of full occupancy, leasing to a loyal tenant,” said Kate Kilgore, Managing Director at MDH Partners. “BroadRange Logistics currently leases MDH-owned properties in Pennsylvania, Indiana and Georgia. The strategic positioning of the Ocala Logistics Center, in conjunction with the growing need for 3PL warehouse facilities within the Central Florida region, make this partnership exceptionally fitting.”
BroadRange Logistics is revolutionizing the 3PL industry. With a total of 7 million square feet of warehouse space spanning 11 prime locations across five states, the company is known for its flexible, short- and long-term warehousing space without contracts for minimums in place. The end-to-end warehouse-focused company has strategically placed locations to enable it to reach 92% of the U.S. and 72% of the Canadian population within two days.
“MDH has been a trusted partner for several of our facilities throughout the country,” said Ari Milstein, CEO of Broadrange Logistics. “We look forward to furthering our relationship as we expand our operations into new markets so that manufacturers and brands can maximize their fulfillment needs.”
Located at the corner of NW 35th Street and NW 27th Avenue, Ocala Logistics Center features 196 parking spaces, 96 trailer drops, ESFR sprinkler systems and 36-foot clear heights. The building’s design aligns perfectly with the space required for Broadrange Logistics to operate in the Central Florida market.
According to Avison Young, North Central Florida’s industrial construction booms amid robust demand. The sector is well-positioned for future growth. Ocala Logistics Center is located in the heart of the Central Florida industrial market with close proximity to I-75 and convenient access to the Florida Turnpike Junction, which routes to major highways throughout the state.
Additionally, the property is uniquely positioned with direct access to several airports – including the Tampa International Airport, Orlando International Airport and Jacksonville International Airport – and to major distribution ports on both the Atlantic and Gulf Coast.
MDH Partners remains active in expanding its impressive portfolio, currently owning more than 101 assets across 20 states. In the past year alone MDH has added over 4.5 million square feet to its portfolio.
-------------------------
Get the latest industry news and information from CRE-sources delivered right to your email inbox!
And we promise…no more than one email each morning.
Leave a Reply
Want to join the discussion?Feel free to contribute!