JLL Completes Two Industrial Leases Totaling 276,300 Square Feet

Apr 25, 2016 No Comments by

As demand remains strong for industrial and distribution space in Central Florida, JLL completed two new lease transactions totaling 276,300 square feet of warehouse distribution space on behalf of Special Logistics and Electrolux in Orlando.

Electrolux, a global leader in household appliances, will occupy 191,200 square feet of distribution space, while Special Logistics, a provider of custom distribution solutions, will take up 85,000 square feet at the Beachline Corporate Center located at 8650 Transport Drive.

JLL Senior Vice President Joe Hills and Vice President Josh Lipoff represented the ownership of Beachline Corporate Center in both transactions. In the Special Logistics lease, Hills and Lipoff also represented the tenant. In the Electrolux deal, David Murphy of CBRE represented the tenant.

 

“In securing leases with Electrolux and Special Logistics,  the key factors both tenants desired, was the high quality of the distribution space that Beachline Corporate Center offers, added flexibility from onsite trailer parking spots, the property’s central location for state wide distribution and the highly competitive leasing terms achieved,” said JLL’s Joe Hills. “These latest transactions indicate the increasing demand Orlando’s industrial market is experiencing as companies seek properties with quality space, excellent access and proximity to the populations they serve.”

Beachline Corporate Center consists of a 361,400-square-foot, cross dock distribution center with 32’ ceilings that was built in 2008.  Electrolux plans to occupy its space by May, while Special Logistics will take occupancy in June.

 

“With demand for Class A Warehouse space in Orlando at an all-time high, our team worked closely with the landlord and tenants to secure two national companies of the caliber of Electrolux and Special Logistics to take space in Beachline Corporate Center, adding to the region’s positive absorption of industrial space,” said JLL’s Josh Lipoff.

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