Williams Co. plans second warehouse in Poinciana Industrial Park
February 19, 2007
The Williams Company, one of the largest commercial and industrial construction companies in the Southeast, has purchased a 4-acre site in Poinciana Office & Industrial Park on which it plans to build a 30,000 sq. ft. warehouse for lease or sale.
The acreage on Mercantile Lane was purchased from Avatar Properties Inc., developer of the 1,545-acre office and industrial park, the largest in Osceola County. Michael Heidrich, senior vice president of NAI Realvest in Maitland, negotiated the transaction on behalf of Avatar.
It will be the second dock height, front-load warehouse The Williams Company has built in the Park, according to Bruce Williams, president of the Orlando firm that owns another 30,000 sq. ft. warehouse on Mercantile Lane which opened last October and is fully leased.
“When we went looking for property to accommodate the size and type buildings we want to build in the Greater Orlando area, Poinciana Office & Industrial Park was our only viable option,” said Williams, whose company also owns 500,000 sq. ft. of industrial buildings in Orange County.
Looking to the future, Williams has an option to purchase an additional 32 acres from Avatar at Poinciana Blvd. and Mercantile Lane.
“Avatar has been extremely user friendly and helpful in the process,” said Williams, “It’s been a very pleasant experience.”
Williams plans to begin construction on the warehouse in early 2008 provided planning and permitting go as scheduled.
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Poinciana Office & Industrial Park currently has nearly 3.5 million square feet under roof and some 2,200 employees, which includes many residents of Poinciana, the 47,000-acre master-planned community also being developed by Avatar, the community’s primary homebuilder.
Other tenants in Poinciana Office & Industrial Park include Lowe’s Home Improvement Warehouse and its $73 million regional distribution warehouse; Nursery Supplies, Inc., the world’s largest manufacturer of molded plastic plant containers for the wholesale industry; Jeld-Wen doors and windows (formerly DoorCraft of Florida), Osceola’s 1998 Industry of the Year; Windsor Metal Finishing, winner of the 2004 Sustainable Florida Best Practices Award for Small Business for its use of environmentally-friendly technology; Cargill, Inc. (Nutrena Feed Division); PepsiCo Beverages & Foods/Gatorade (formerly Quaker Oats); MultiFoods; Nucor Corp., the world’s largest steel recycler; P.R. Manufacturing; McLane/SunEast; Symbol Mattress Company; Florida Power Corporation; Lehigh Cement; Amtrak; Texaco; 7-Eleven; Williams Properties, Ltd.; SSI Properties, Inc.; Commercial Metals Company (dba SMI Steel Fabricators of Florida); Chalifoux Management Group; United States Cold Storage; Nucor Steel Birmingham, Inc.; Heritage Jabez V LLC; Joe Adino; Small Bay Partners and Poinciana Commerce Center LLC; Godhino Properties LLC; and Giron Investment LLC.
For more information about Poinciana Office & Industrial Park, contact Hank Yunes, Avatar’s vice president of commercial operations, at (305) 442-7000, or Tony Iorio, Avatar’s vice president of land development, at (407) 933-5000. To learn more about The Williams Company, contact Bruce Williams at (407) 256-0437.
