November 9, 2018
McCraney Property Company signed a new, full-building lease with UPS at 27 Logistics Park, a 207,676-square-foot spec Class A industrial warehouse in Davenport, FL. The property is located on a 12.67-acre parcel, fronting U.S. Highway 27 at the intersection of Deen Still Road in Central Florida.
UPS will be the sole tenant at 27 Logistics Park, which is adjacent to McCraney Property Company’s Park 27, a 602,971-square-foot two-building class A institutional-grade industrial spec development. It also joint venture partnered with Northwestern Mutual. This brings the partnership’s total investment in the local market to more than 810,000 square feet.
CBRE Orlando’s David Murphy and Monica Wonus leased 27 Logistics Park and Park 27 on behalf of McCraney Property Company.
McCraney Property Company’s Steven McCraney says, “The timing for this deal was paramount. Construction drew to a close at 27 Logistics Park as UPS’ need for expanding its footprint in Central Florida was immediate.”
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