(To read more on the industrial market, click here.)
ORLANDO-About five weeks after the 96,000-sf Building 3 at the20-acre I-4 Commerce Center was completed, the industrial structureis almost 100% sold out. Developer Dick DeLater has the last 6,000sf under contract.
Ten companies have purchased a total 90,000 sf at an averageprice of $96 per sf for a total $8.64 million in sales to date.DeLater estimates the development cost of Building 3 was about$6.25 million.
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