The 1,200-acre, 20-year-old Poinciana Industrial Park in Osceola County has picked up a big user in Nursery Supplies Inc. of Chambersburg, Pa. The firm is constructing a $4.5 million, 116,000-sf plant and 250,000 sf outdoor storage area on 25 acres at U.S. 17-92 and Poinciana Boulevard, about 20 miles south of Downtown Orlando. Completion is scheduled for February when about 150 new local jobs will be available.

Nursery Supplies gravitated to the park through Lerio Corp., a recent acquisition. Lerio occupies 50,000 sf. Nursery Supplies also has manufacturing sites in El Campo, TX; Orange, CA; and McMinnville, OR. The park has completed 1.3 million sf to date. Tenants include 7-Eleven Corp., MultiFoods Specialty Distribution, McLane Suneast, Florida Power Corp. and Texaco. About 1,500 persons are employed at the park.

Avalon Properties Inc. is developing the park and the 47,000 acre Poinciana mixed-used project. H.J. High Construction Co. of Orlando is the general contractor for the Nursery Supplies project.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt Net Lease Spring 2023Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.