- Investment Sales & Capital Markets
- Real Estate Solutions
- Incentives Negotiation & Location Strategy
- Project Management
- Building Management
- User Development Services
Orlando, Fla. (June 8, 2020) – Foundry Commercial, in partnership with Principal Financial Group, received the certificate of occupancy for the second phase of the Crews Commerce Center development. Totaling 768,200 square feet in its entirety, the second phase of this Class-A industrial park in South Orlando accounts for 430,080 square feet.
Consisting of three new buildings with available space ranging in size from 14,604 – 173,880 square feet, the second phase of Crews Commerce Center delivers ramps and spec offices with buildings for fast, tenant-ready spaces. The buildings are located along .75 miles of major roadway frontage, including Taft Vineland Road and the Florida Turnpike. In fact, there is a proposed FDOT extension to the Turnpike just east of the Center. Additionally, Crews Commerce Center is the only new first-generation industrial property with direct access to Orange Blossom Trail / SR 441, which remains one of the primary industrial corridors in the state.
“With proximity to the major thoroughfares serving the greater MSA – including the Beachline Expressway, the Florida Turnpike, and US 441 – Crews Commerce Center has proven to be the best option for regional logistics,” said Moses L. Salcido, Managing Director/Principal, Foundry Commercial. “Every direction in and out of Central Florida are covered with these roadways. Interest has steadily increased at Crews to the point where even with the 400,000+ square feet delivered with Phase II, it may not be enough to accommodate the demand.”
The first phase of Crews Commerce Center, which was 100% leased last summer, included three buildings totaling 338,120 square feet and features notable tenants such as Goodwill of Central Florida, Mygrant Glass, and FGT Cabinetry. Development on Phase I started in 2016 and was completed in Q2’17. To learn more about Crews Commerce Center, visit www.crewscommercecenter.com.
About Foundry Commercial
Foundry Commercial is a full-service real estate services and investment company with over 350 employees and more than 58 million square feet of management and leasing across the Southeast and Texas. Since 2007, Foundry has provided leasing, brokerage, building management, corporate services, and project management services, and is the largest real estate service provider to religious and not-for-profit organizations in the country. Foundry also includes a development and investment platform that is fully integrated into its services business, leveraging its local market expertise to control more than one billion in advantaged investment opportunities with their JV partners. For more information, visit www.foundrycommercial.com.