Leasing to Begin at Florida’s Largest Premier Intermodal Logistics Center
- Apr 25, 2016
Winter Haven, Fla.—JLL has been chosen as the exclusive broker for the Central Florida Intermodal Logistics Center, a planned 8 million-square-foot industrial development, on behalf of Winter Haven Industrial Investors.
The 932-acre property is located in one of the nation’s top 10 inland ports, and sits adjacent to CSX Winter Haven Intermodal, an innovative facility that features loading tracks and arrival and departure tracks with the capacity to process 300,000 containers annually and the ability to increase capacity in the future.
“Florida has 18 million people and is forecasted to have 25 million by 2025, so this was a good opportunity for a business park to combine with a mobile facility that provides tremendous savings to the supply chain,” Keith Stauber, JLL managing director on the executive leasing team, told Commercial Property Executive. “The property also includes immediate availability of a Class A, high-bay distribution facility totaling 407,400 square feet.”
When finished, the property will include industrial and distribution space with build-to-suit space opportunities ranging from 200,000 to 1.8 million square feet.
“Interested parties will include companies seeking connectivity to neighboring ports, great access to the region’s customer base and build-to-suit space that can meet their long-term logistics needs,” Stauber said. “It can also provide a number of direct rail serviced buildings.”
In its long-term vision for the park, JLL expects retail opportunities and other services to open up down the road, and Winter Haven already is a thriving community that has many of those offerings already nearby.
According to Stauber, Central Florida is poised to become the center point for distribution in the state over the next five to 10 years, as it provides highway access via I-4, US 27 and SR 60.
In addition to Stauber, JLL Senior Vice President Joe Hills and vice presidents Josh Lipoff, Ryan Burrows and Steve Ostrowski will serve as the exclusive leasing team, joined by Managing dDirector and leader of JLL’s Port, Airports and Global Infrastructure Practice, Mark Levy.