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| Steven McCraney |
ORLANDO, FL – McCraney Property Company (MPC) has signed a
lease with FedEx Ground to occupy 60 percent of its John Young Business
Park’s Building 3, which consists of 142,638 square feet. The tenant, FedEx
Ground, a leader in cost-effective, small-package ground shipping, will be
using the space as a package distribution center.
“We’re encouraged about the demand for Class A industrial in
our Central Florida projects,” said Steven McCraney, SIOR, CCIM,
president and CEO of McCraney Property Company. “FedEx has a great business
platform, and we’re excited that they chose John Young Business Park.”
McCraney’s 25-acre
John Young Business Park consists of a three-building portfolio, totaling
393,000 square feet of modern industrial buildings. A joint venture was formed
between MPC and international real estate investment manager Clarion Partners,
LLC, to develop the project.
Dade Paper, a 150,000-square-foot state-of-the-art
distribution center and offices, was the first of the three buildings in John
Young Business Park to be completed. Construction has just been completed on
its two spec industrial buildings, Buildings 2 and 3, totaling 243,000 square
feet.
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| Jerry Benson |
Jones Lang LaSalle was the tenant representative for FedEx
Ground. David Murphy of CBRE was the exclusive leasing agent for John Young
Business Park.
MPC’s team consisted of Steven McCraney, Jerry Benson,
asset manager and Ben Kraljev, director of growth and development.
MPC currently has approximately 244,000 square feet under
negotiations in Central Florida.
For a complete copy of the company’s news release, please
contact:
Don Silver (donsil@boardroompr.com)
or
Ashley Fierman (afierman@boardroompr.com)
BoardroomPR,
954-370-8999
954-629-7523.
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