ORLANDO-EastGroup Properties has started construction on a new business distribution facility in Orlando. Southridge IX, which will comprise 76,000 square feet, is underway in Southridge Commerce Park owned by EastGroup.
The total cost of the project is $5,350,000. So far, EastGroup has constructed 970,000 square feet in Southridge Commerce Park. The industrial property is currently 100% occupied. The project will be completed in Q1 2012. For the full story, go to Florida Real Estate Journal .
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