JV Breaks Ground on Tampa-Area Distribution Center
- Nov 08, 2019
Red Rock Developments has broken ground on County Line Distribution Center, a 510,272-square-foot spec warehouse in Plant City, Fla., within the Interstate 4 industrial corridor between Tampa and Orlando, Fla. Red Rock, together with Wharton Industrial, Aspyre Properties and an institutional joint venture partner, will develop the Class A facility slated for delivery in the third quarter of 2020.
The distribution center sits on 36.4 acres at the intersection of County Line Road and Fancy Farms Road, 3.5 miles south of Interstate 4. The property is roughly 5 miles southeast of downtown Plant City and 3.2 miles west of Lakeland Linder International Airport. Other nearby warehouses are operated by Amazon, Publix, O’Reilly Auto Parts, Home Depot and Southern Wine & Spirits.
When completed, County Line Distribution Center will feature 36-foot clear height, four ramped drive-in doors and 106 dock doors, 282 parking spaces, 200-foot truck courts and 60-foot speed bays. Colliers International’s Executive Managing Director Jan Boltres and Associate Michelle Senner are the leasing brokers at the property.
According to Red Rock Developments, the Interstate 4 industrial corridor market has a 4.4 percent vacancy rate. The percentage is lower than the national 4.9 percent shown by a recent Colliers International report.