(Carl Cronan is editor of RealEstateFlorida.)
DAVENPORT, FL-AMB Property Corp. plans to triple its industrialspace near the Interstate 4-US 27 interchange after leasing theremaining space in its initial building there. The SanFrancisco-based developer aims to start construction on threebuildings totaling 800,000 sf at its AMB Four Corners Business Parkthis fall.
The newly completed AMB Palmetto Distribution Center, totaling406,000 sf, is now at capacity after Kuehne + Nagel leased 141,000sf on behalf of nearby Walt Disney World, which will use the spacefor remote storage. Best Buy Co. preleased 265,000 sf in thewarehouse last summer while it was under construction.
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
*May exclude premium content
Already have an account?
Sign In Now
© 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.
