Atlanta-based McDonald Development is preparing to bring more than 230,000 square feet of spec industrial space to market near the Florida Mall, with plans for the type of urban infill site that has drawn it back to Greater Orlando numerous times over the past 20 years. Located at 7663 Winegard Road, the 20.12-acre site fronts E. Sand Lake Road and...
Spartanburg County's spec market is undergoing an unprecedented expansion. Here's a look at the projects and factors fueling the growth. Nothing screams progress like vacant buildings. Right? Well, in Spartanburg County, speculative, or spec, industrial facilities are seeding the growth of an economy that already reaped a harvest of more than $5.75 billion in capital...
An Atlanta developer has landed a giant anchor tenant for a new industrial park in East Tampa and plans to begin construction by the end of the year. McDonald Development, which acquired the nearly 70-acre site in 2015, has signed a deal with Bunzl, a large distributor, for 200,000 square feet in the 301 Business...
Cushman & Wakefeld negotiated the sale of the 117,600-square-foot North Park Commerce Center in Sanford for $10.4 million to Cabot Properties of Boston. North Park Commerce Center comprises two Class A, small bay, rear-load, dock-high distribution buildings developed in 2009. Cushman's Mike Davis, Michael Lerner and Rick Brugge represented Atlanta-based McDonald Development Co. in the...
A huge Class A industrial complex near Orlando International Airport sold today for top dollar. An entity related to Los Angeles-based Colony Capital LLC spent $47.9 million — or a record $100 per square foot — to buy the three-building, 479,100-square-foot LeeVista Business Center warehouse and distribution center from Atlanta based McDonald Development Co., Cushman...
McDonald Development Co. purchased 68.7 acres east of U.S. 301 and south of Broadway Avenue for $7 million. BUYER: McDonald Ventures XXXIV LLC, Atlanta SELLER: IDI Services Group LLC PROPERTY: 9230 E. Columbus Drive and portions of Broadway Avenue and E. Columbus Drive, Tampa PRICE: $7 million PREVIOUS PRICE: $4.5 million, October 2014 LAW FIRM...
An Atlanta developer has snapped up 70 acres in East Tampa and will resurrect the previous owner's plans for the site. McDonald Development Co. paid $7 million for the land in a deal that closed Monday, according to Hillsborough County property records. The site is east of U.S. 301, between East Columbus Drive and East...
ATLANTA, GA – January 8, 2015 – Cushman & Wakefeld announced today that its National Industrial Advisory Group has represented McDonald Development in the sale of the Peachtree North Industrial Portfolio consisting of four multi-tenant class A warehouse buildings totaling 708,370 square feet. Located in Atlanta’s largest I-85/Northeast industrial submarket, the portfolio comprises buildings 1200,...
McDonald Development Company plans to start work in the frst quarter of next year on a distribution center at the Crossroads Distribution Park on Gills Drive in Orlando. As planned, the facility would include 86,500 square feet with front-loading capabilities. Tom McFadden and William Bradford, principals with Lee & Associates Central Florida, represented Duke Realty...
FedEx Ground will expand its distribution center next to McCollum Field in Cobb County, Ga. The Memphis, Tenn.-based package shipper (NYSE: FDX), and chief rival to Atlanta-based United Parcel Service Inc. (NYSE: UPS), will add 85,000 square feet to the facility. The move will aid FedEx's handling of local, regional and country-wide service. “We believe...
