Mapletree Investments has officially broken ground on the 53,995-square-foot expansion of its logistics facility at 350 Gills Drive in Orlando. The project marks a continued investment by the Singapore-headquartered firm in the Central Florida industrial sector. The expansion will bring the site’s total footprint to approximately 160,000 square feet, reinforcing its role as a logistics hub approximately 10 miles south of downtown Orlando.
The project is being developed in partnership with ARCO Murray Construction Company and Leopardo Construction. Leasing services are being handled by Lee & Associates Central Florida. Once completed, the expanded facility will offer 51,977 square feet of warehouse space and 2,018 square feet of office space. Designed to accommodate modern industrial demands, the building will feature 32-foot clear heights and a total of 62 surface parking stalls.
Credit: ARCO Murray.
Sustainability measures are integrated into the expansion scope, including rough-ins for electric vehicle charging at four stalls, structural reinforcements for future solar panel installation, and smart metering systems to support energy management. Delivery is scheduled for late 2025.
“As a worldwide leader in logistics, Mapletree is proud to expand our 70 million-sq ft US logistics portfolio by developing state-of-the-art assets in high-growth markets across the country,” said Chiagorom Osu, Head of US Logistics Development at Mapletree. “With globally recognized development capabilities and extensive experience managing the entire development lifecycle, this milestone is one of many as we continue to strengthen our presence in the Southeast.”
Credit: ARCO Murray.
Richard Prokup, Chief Executive Officer, US, added: “The expansion of 350 Gills Drive illustrates Mapletree’s commitment to strengthening our US portfolio through development. Our projects are executed to surpass tenant expectations while creating lasting value for our stakeholders.”
Credit: ARCO Murray.
Credit: ARCO Murray.
Mapletree first entered the U.S. market in 2014 and has since grown its domestic portfolio across a range of asset classes including logistics, data centers, student housing, and multifamily. As of March 31, 2024, the U.S. represented approximately 27 percent of Mapletree’s total assets under management, valued at roughly $57.7 billion.
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
Be the first to comment on "Mapletree Breaks Ground on 53,995-Square-Foot Expansion of Warehouse Facility at 350 Gills Drive in Orlando"