West Palm Beach-based McCraney Property Company entered a partnership to co-develop more than a million square feet of industrial space in Orlando.
Construction of the speculative light-distribution and logistics space is scheduled to start by the end of the year.
“The need for e-commerce and logistics space is driving demand,’ Steven McCraney, president and CEO of McCraney Property, said in a prepared statement.
Tavistock is the lead developer behind master-planned Infinity Park, a 208-acre property on John Young Parkway just north of State Road 528.
Future plans for Infinity Park include construction of hotel rooms and retail store space
Two agents of brokerage firm CBRE, David Murphy and Monica Wonus, market the distribution and logistics space at Infinity Park. Tavistock’s John Pottinger and Scott Bell market the park’s retail, hospitality and office developments. – Mike Seemuth