ORLANDO—John Young Parkway, a three-building spec industrial park spanning 393,386 square feet of rentable space over 25.32 acres, is completely leased up. McCraney Property Company, the industrial park's developer, just inked a lease with a new-to-market tenant to occupy the remaining 19,239 square feet.

“E-commerce is driving big changes in industrial,” Steven McCraney, president and CEO of McCraney, tells GlobeSt.com. “Coming out of the recession, we've completely changed our orientation. We're completely e-commerce-driven.”

John Young Parkway is located at 7215 South John Young Parkway in Orlando. The new lease with Uline, a distributor of shipping, industrial, and packaging materials to businesses throughout North America, marks the national company's entrance into Central Florida.

“The importance of industrial product is altering due to the transforming landscape of commerce and the increasing number of companies seeking modern spaces in line with their business models,” says McCraney. “The addition of Uline to the Central Florida market underscores Central Florida's attractiveness to national brands looking to streamline ecommerce in the state.”

Less than six months after McCraney and JV partner Clarion Partners completed construction at the park, Uline joins FedEx as co-tenant of the 142,638 square foot Building 3. David Murphy, senior vice president with CBRE, represented McCraney.

John Young Parkway is bucking the trend in a submarket averaging 9 points. The industrial market has seen 50,000 square feet of negative absorption in the second quarter of 2015 in Southwest Orlando, according to recent market reports.

Strategically located for statewide distribution, John Young Parkway sits in Orlando Central Park with John Young Parkway direct frontage, 10 minutes from Interstate-4, 14 minutes from Florida's turnpike and 16 minutes to Beachline Expressway. The newly constructed property features 30-foot clear height, 51 Loading Doors, 52-foot to 53-foot-six-inch column width, and 140-foot truck court Depth.

“As we close a chapter in the leasing of John Young Parkway, we focus our attention on the development of the second phase of Bent Oak, an industrial park in near proximity within Orlando's Southeast Orange market,” says McCraney. “As vacancy continues to improve year-over-year in Central Florida's industrial market, we are poised to meet the growing demand of the retailization of industrial through product, location, and commitment to service.”