Scheduled for completion in 2023, the event will carry two Class A services to Auburndale, Fla.
Dalfen Industrial has damaged floor on Auburndale Commerce Heart, with plans to construct two Class A industrial services totaling 893,400 sq. toes in Auburndale, Fla.
Based on CommercialEdge knowledge, the corporate acquired the event web site in November 2021 for $25.7 million, from Mancini Cos.
The 73.6-acre property is without doubt one of the few industrial-zoned websites in Central Florida with none wetland or floodplain points. The services are slated for completion in 2023, the identical knowledge supplier reveals.
The Central Florida industrial park is situated at C. Fred Jones Blvd. & State Route 559, 16 miles from downtown Lakeland, between Tampa and Orlando, with entry to Interstate 4. Port of Tampa is roughly 46 miles away. Noteworthy tenants within the surrounding space embrace Amazon, PepsiCo simply 6 miles away, Walmart, UPS, and Sysco.
Tyler McElroy, Southeast Director of Improvement at Dalfen, said in ready remarks that the situation alongside a prime logistics hall in Florida makes this improvement a useful addition to the corporate’s portfolio. Dalfen owns 16 different industrial properties within the state and a complete of 67 buildings within the southeast.
In the previous couple of months, the corporate introduced plans to develop a 1.3 million-square-foot Class A logistics heart in Charleston, S.C., which would be the largest within the Charleston market upon completion. Dalfen additionally acquired Belvedere Logistics Heart, a 348,000-square foot industrial facility in Sacramento, Calif., for $42.8 million, which marked its ninth California funding.
