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ReadySpaces set to bring new industrial real estate concept to Central Florida

2507 Investors Row Orlando_CROP

National company offers a novel approach - coworking for companies that need warehouse, storage, and office space

ReadySpaces, which provides small-scale, flexible shared warehousing, office space, and logistics for small businesses, is bringing its innovative concept to Central Florida.

The company, which has leased a 94,400-square-foot industrial space in Orlando at 2507 Investors Row, offers small to mid-size industrial and flex space users flexible leasing, range of unit sizes, and a long list of amenities.

Traditional industrial leases typically start at 15,000 square feet. With ReadySpaces, companies like ecommerce and logistics companies can lease space ranging from 200 to 5,000 square feet depending on their needs. 

This location will be ReadySpaces’ second in Florida. The Los Angeles-based company currently operates ReadySpaces Doral just west of Miami.

The typical ReadySpaces facility is tailored to entrepreneurs, creatives and risk-takers looking for the space and services they need to turn their dreams into reality.  ReadySpaces offers unique, customizable, workspaces that foster collaboration, growth and success, and meet the demands of businesses across a variety of sectors, including:

  • E-commerce
  •  Construction and home improvement
  • Food and beverage

Lee Morris, SIOR, LEED AP, and Mike Davis of Colliers represented the tenant in the Central Florida transaction. Jared Bonshire of Cushman & Wakefield represented the landlord, Link Logistics.

“ReadySpaces has been interested in expanding into the Central Florida market for years to help serve the area’s vibrant local entrepreneurial and small business community. We’re extremely pleased that Colliers found us the space we need to provide flexible solutions to innovative local businesses.”
- Kevin Petrovic, COO of ReadySpaces

ReadySpaces has more than 25 locations across the U.S. and Canada, with three more set to open in 2022. Each ReadySpaces location is designed to act as an incubator for small businesses by supplying storage and industrial workspaces and providing collaborative workspaces and business services for like-minded entrepreneurs.  

In addition to offering smaller warehouse, storage, and office spaces, ReadySpaces allows tenants to sign short-term and temporary leases to offer flexibility as their businesses grow. Tenants can also expand their leases, space permitting.

The flexibility provided by ReadySpaces offers startups a unique way to test out a small space in a new market before signing a long-term lease. Office space is also available at most locations, for owners looking for a quiet place to work.

“This is a much-needed service, particularly for small ecommerce firms that need to receive and ship goods locally, as well as small rapidly growing companies. The property is a great fit for ReadySpaces, given its central location and functional layout.”
- Lee Morris, SIOR, Executive Managing Director, Colliers

Currently, ReadySpaces is the only company in the Central Florida market offering coworking space to warehouse and storage users. The company works with Colliers nationwide to secure space for its growing business. 

ReadySpaces Central Florida is in Orlando Central Park with frontage on Beachline Expressway and close proximity to I-4 and the Florida Turnpike. The company will make minor cosmetic updates to the space before welcoming tenants in April. 


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Mike Davis

Executive Vice President

San Francisco Peninsula

Mike joined Colliers International to lead the company’s Industrial/Research & Development (R&D) Division on the San Francisco Peninsula. Since joining Colliers he is consistently recognized as a top 10% producer nationwide (Everest Club) and a top producing broker in San Mateo County. Prior to joining Colliers, he was Grubb & Ellis’ Top 3 producer in 2011 and in 2008, 2007, 2004, 2003 and 2002, he was the #1 producer for CB Commercial in San Mateo County. Mike has trained several commercial real estate advisors and has been an active principal in his own real estate investments. Mike counts among his clients: Avis/Budget, Balco Properties, Black Creek Group, BYD, California Teachers Association, DHL, GLP, iStar Financial, Link Industrial Properties (Blackstone), LSG Sky Chefs, Oracle, Prologis, ReadySpaces, The San Francisco Examiner, Union Pacific, UPS, and Windy Hill Property Ventures to name a few. 

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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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