Rendering of Highland Commerce Middle of Fort Myers. Picture courtesy of HSA Industrial Actual Property
HSA Industrial Actual Property has commenced development on Highland Commerce Middle of Fort Myers, a 481,933-square-foot speculative industrial growth in Fort Myers, Fla. The venture represents the biggest cross-dock warehouse in Southwest Florida, whereas additionally marking the developer’s entry within the Southeast area. Lee & Associates will present leasing companies.
Companions in Design Architects can be a part of the venture, whereas the overall contractor is PREMIER Design + Construct Group. Civil engineering will probably be supervised by Atwell Group. The groundbreaking occasion came about earlier this week and the venture is anticipated to be delivered on this yr’s fourth quarter.
Increasing in Florida
The corporate’s first venture within the state is positioned at 16500 Oriole Highway and may have 36-foot clear heights, 4 drive-in doorways, 96 dock doorways, 138 trailer parking spots and 181 car parking spots. The 33-acre lot was bought earlier in 2022, for $11.6 million, in response to CommercialEdge.
Highland Commerce Middle is located near Interstate 75, permitting entry to Miami, 5 miles from Southwest Florida Worldwide Airport and Lee County Port Authority, 12 miles from Cape Coral, Fla., and inside 15 miles of downtown Fort Myers. The event website is in an space the place names reminiscent of Coca-Cola, Linder, Amazon or PGTI Improvements have warehouses.
Lee & Associates Senior Vice President Derek Bornhorst, Vice President Adam Bornhorst and Senior Transaction Coordinator Frank Martone are the appointed leasing brokers.
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The event will accommodate potential tenants’ want for multi-purpose house for the reason that property could possibly be used for distribution or storage, added HSA Industrial Actual Property CEO Robert Smietana in ready remarks. Government Vice President & Managing Director of Industrial Brokerage Tim Thompson additionally famous that the corporate is trying to find different growth websites in Southwest Florida, seeking to increase its industrial footprint.
Earlier in 2022, one other firm marked its entry within the state: Enterprise One Actual Property introduced plans to develop a 220,871-square-foot Class A industrial constructing on 16 acres in Orlando, Fla. Development is anticipated to begin within the third quarter of 2023 and Cushman & Wakefield was tapped as unique leasing agent.
In September 2022, Glenstar and Columnar Holdings acquired $97.5 million in development financing for a 819,000-square-foot industrial campus in Fort Myers. The Tri County 75 Industrial Campus will probably be composed of three rear-loading buildings and is anticipated to be delivered in late 2023.
