ORLANDO, Florida, October 25, 2022 – Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of a roughly 16.7-acre development site at 7650 Amsterdam Dr. in Orlando. The sale includes a fully designed and permitted 220,871-square-foot, Class A logistics facility that is currently under construction and expected to be complete by the third quarter of 2023. The seller was Wharton Industrial, a platform company of New York City-based Wharton Equity Partners.
Cushman & Wakefield’s Mike Davis, Rick Colon, Rick Brugge, Dominic Montazemi, with support from Zachary Eicholtz, represented Wharton Industrial in the sale. The site was acquired by Venture One Real Estate. Jared Bonshire, David Perez, and Taylor Zambito of Cushman & Wakefield provided leasing expertise in the marketing process and have been retained by Venture One to lease the facility being built on a go forward basis.
“Demand for well-located industrial positions in Florida remains high. The strategic location of this property offers ease of access to Orlando International Airport and all of Orlando’s major thoroughfares while also being located only 20 minutes away from I-95 and the rapidly growing Space Coast region of Florida,” said Mike Davis, Executive Vice Chairman at Cushman & Wakefield.
Named Venture Park Beachline, the facility will include state-of-the-art building elements such as 36-foot clear heights, 235 car parking stalls, 53 off dock trailer parking spaces within a 225-foot truck court, 35 dock positions equipped with 22 levelers, and interior and exterior LED lighting throughout the facility. Located immediately off the Beachline Expressway (SR 528), the facility will provide excellent access to Orlando International Airport to the west and I-95/Cape Canaveral to the east while also being adjacent to southeast Orlando’s growing population base. When complete, the facility will be visible from both the adjacent Beachline Expressway and Brightline high-speed rail corridor.