Fully permitted project ready to break ground
ORLANDO, Fla. & WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- McCraney Property Company, an integrated developer and manager of commercial/industrial flex and warehouse distribution properties located throughout Florida, has selected Edwards Construction as the general contractor for the Dade Paper project in Orlando. Chris Cromwell, Edwards’ director of operations – Orlando will be overseeing the construction.
The project is fully permitted and has received a financing commitment from TD Bank.
“This is the first central Florida project greater than 100,000 square feet to be constructed in the last four years,” said Steven McCraney, CEO of the company he founded more than two decades ago. “We look forward to getting the project underway.”
Announced in May, the 150,000-square-foot, build-to-suit project encompasses 25 acres located in Orlando Central Park.
Dade Paper, a large regional distributor of disposables, janitorial supplies and equipment, is relocating its current central Florida facility and nearly doubling its space.
Peter Corrales, principal of Corrales Group Architects, designed the plans.
Land has already been cleared. Construction will begin immediately, with a planned completion in the first quarter of 2013.
“We are excited to be the beneficiary of the strengthening Orlando industrial market that is being fed by demand for Class A industrial/flex space along the I-4 corridor,” McCraney said.
McCraney Property Company (www.mccraneyproperty.com) develops and manages commercial/industrial, office/flex, office, and warehouse distribution properties located in West Palm Beach, the Treasure Coast and Orlando, Florida. The company has developed corporate holdings exceeding 2,000,000 sq. ft. Services include development of class A business parks, acquisitions, joint venture investments, construction and property management. Led by President and CEO Steven McCraney, the company is very active in the commercial real estate industry and through its philanthropic endeavors in the communities it serves. For more information, call (561) 478-4300.
Source: McCraney Property Company