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One of Central Florida’s largest speculative Class-A industrial development coming to Deltona

ILP Rendering

I-4 Logistics Park will add more than 1.7 million square feet of industrial space to the Central Florida market

USAA Real Estate and Seefried Industrial Properties have partnered together to develop I-4 Logistics Park, the largest speculative industrial development in the Central Florida Market. I-4 Logistics Park, located on N. Normandy Boulevard in Deltona, will add 1,759,580 square feet of Class-A industrial space to the Central Florida market.

“This new industrial park will be one of the largest developments of its kind along the I-4 corridor in Central Florida and will offer one of the few large warehouse facilities between Jacksonville and Miami. It’s equidistant from Jacksonville and Tampa and has easy access to South Florida, making it a great fit for companies looking for a large-scale e-commerce, distribution or manufacturing facility.”
Lee Morris, SIOR, Executive Managing Director, Colliers

I-4 Logistics Park is located directly off Interstate 4, just 10 miles north of the beltway around Orlando in the city of Deltona. Headed south along I-95 from Jacksonville, the next closest industrial development that can currently accommodate users looking for more than 250,000 square feet of space is 150 miles south in Fort Pierce.

The development will be built in two phases and will include four buildings. Phase one will include construction of the first building totaling 984,960 square feet. The remaining three buildings will be built during phase three and will range in size from 112,860 square feet to 519,200 square feet. 

The larger buildings will include 40’ clear height, on-site trailer queuing, abundant car and trailer parking, multi-tenant capability, and other state of the art amenities.

“The Central Florida industrial market has seen tremendous growth over the last two years, adding key logistics facilities for Fedex, Lowes, Home Depot, Imperial Dade, Dollar Tree, Kroger, Walmart and Amazon. In 2021 alone, more than 7.8 million square feet of industrial space was leased in the market – the most recorded in a single year. This is a testament to the demand for industrial space in this market and the need for new facilities like I-4 Logistics Park.”
- Lee Morris, SIOR, Executive Managing Director, Colliers

USAA Real Estate and Seefried Industrial Properties are slated to break ground on the 984,960-square-foot Building #100 of I-4 Logistics Park in March 2022 with an expected completion date for phase one of January 2023. The remaining buildings will follow soon thereafter.

Lee Morris of Colliers will handle leasing on the project.


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Lee Morris

Executive Managing Director, Industrial Services

Orlando

Mr. Morris has thirty four years of real estate experience, including twenty four years of commercial brokerage, most recently as Director of Industrial Services with Cushman & Wakefield in Orlando and before that as an investment broker with CB Commercial in South Florida.  During his tenure, he has completed transactions in excess of 2.5 billion dollars or twenty five million square feet of sale and lease transactions.  His sales include office, retail, and industrial properties while the majority of his leasing has been industrial properties.  He is a proven dealmaker and a strategic thinker with excellent communication and negotiation skills.  Strong organizational skills and attention to detail coupled with outstanding interpersonal and communication skills allow him to work well in a team environment and manage multiple projects simultaneously.
In addition to his many years of brokerage experience, Mr. Morris has managed his own investment and construction companies. His extensive and diverse experience and understanding of construction contribute to his success and provide a strong foundation for overseeing the development, leasing, and sale of commercial projects.

 

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