JLL Secures New 112,000-Square-Foot Lease In Plant City
The company is moving operations from South Florida to Central Florida, drawn by cost advantages and access to Florida’s key logistics corridors.
The company is moving operations from South Florida to Central Florida, drawn by cost advantages and access to Florida’s key logistics corridors.
CBRE’s Tyler Kuhlman and Luke Hansen represented the seller in the transaction.
The sale marks one of the largest retail real estate sales in the Orlando Metropolitan Area in the last five years.
JLL Managing Director Micah Strader and Senior Associate Madison Kimbell represented the building’s ownership in the lease negotiations. The tenant was represented by Andrei Savitski of CBRE.
David Murphy and Monica Wonus with CBRE represented the owner in the transaction. Danielle Beyer and David Perez with Cushman & Wakefield represented the tenant.
Throughout his extensive career, he has facilitated numerous transactions with a wide range of multifamily stakeholders, including national and regional developers, institutional investors, REITs, insurance companies, high-net-worth individuals, and opportunity funds.
The title is the highest for producers at the company.
He joins the firm’s Orlando office as a First Vice President, specializing in Office Agency Leasing in Orlando.
The initial phase of construction is expected to commence in the fourth quarter of 2024 with completion and occupancy anticipated in 2025.
Future phases in Ocala South Logistics Park will bring 1.4 million total square feet of Class A, dock-high industrial space to a 93-acre parcel in the Florida Crossroads Commerce Park.
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