Stonemont Financial Group Breaks Ground On 250,000-Square-Foot Industrial Complex in Ocoee, FL

Avery Dorr

 ORLANDO, FL – Stonemont Financial Group, a private real estate investment firm specializing in industrial development, acquisitions and net lease investments, has broken ground on a seven-building, 259,255-square-foot industrial development in Ocoee, Florida just inside the State Road 429 corridor.

Called 429 Business Center, the complex is expected to be completed by Q4 2024. Stonemont is partnering with SCOA Real Estate Partners in the project.

 

“There is a strong demand for facilities that can accommodate users within a smaller size range, and this project is a testament to Stonemont’s ability to recognize this need and get the job done despite ongoing market headwinds,” said Avery Dorr, vice president at Stonemont.

 “This site is one of the last infill locations available within the immediate area, and Stonemont continues to serve as a solution to ongoing corporate needs for all types of users.

 

429 Business Center will be located on two sites fronting Ocoee Apopka Road, close to the Palm Drive intersection. The west campus will include four buildings ranging from 36,429 square feet to 71,228 square feet, with the east campus encompassing three buildings ranging from 14,282 square feet to 32,418 square feet.

 

The development will offer direct access to State Road 429 and sits just 15-20 miles from Walt Disney World®, providing premium access for users who supply goods to the entertainment destination.

429 Business Centerm a seven-building,
259,255-square-foot industrial development
 in Ocoee, FL, just inside the State Road 429 corridor

JLL Orlando is handling leasing for 429 Business Center on behalf of Stonemont. HGR Construction, Inc. is serving as general contractor on the project.

For more information on Stonemont and its initiatives, click here. 

CONTACT:

 

The Wilbert Group

Raechel Blitchington,

Vice President

www.thewilbertgroup.com

912.432.0858