In Central Florida, there is little argument in the industry that Orlando International Airport is key to a successful distribution enterprise.

"This particular area of south Orlando is well-located with immediate access to the Florida Turnpike and is in close proximity to other major transportation corridors that transverse through Florida," David Murphy, an industrial specialist in the Orlando office of CB Richard Ellis Inc., tells GlobeSt.com. "Companies which are utilizing air freight as well as ground transportation can minimize both fuel costs and time by locating in this submarket."

The broker says large distribution users are willing to pay more per square foot for industrial space in parks with the best access to transportation linkages.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.