A Dallas developer expects to break ground in March on the redevelopment of an aging industrial site near the Mall at Millenia in Orlando. Lincoln Property Co. aims to raze the site's 13 buildings totaling 420,000 square feet — which were built between 1972-1998 — and construct two new structures with a combined 405,000 square feet of Class A industrial space. The move to replace the existing dated buildings is a good idea, as they likely don't conform to the needs of potential industrial tenants, said Larry Kahn, senior director industrial with Tampa-based Franklin Street, who isn't involved with the deal. Read More...
400K SF Millenia-area project to start work soon
A Dallas developer expects to break ground in March on the redevelopment of an aging industrial site near the Mall at Millenia in Orlando. Lincoln Property Co. aims to raze the site’s 13 buildings totaling 420,000 square feet — which were built between 1972-1998 — and construct two new structures with a combined 405,000 square feet of Class A industrial space. The move to replace the existing dated buildings is a good idea, as they likely don’t conform to the needs of potential industrial tenants, said Larry Kahn, senior director industrial with Tampa-based Franklin Street, who isn’t involved with the deal.
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