UPS Signs Full-Building Lease At 27 Logistics Park In Davenport With Northwestern Mutual

An industrial property located at 45154 Us-27, Davenport, FL, 33897, has been leased to UPS. The property, known as 27 Logistics Park, is a Class A industrial warehouse spanning 207,276 square feet across 12.7 acres in Davenport. The asset is part of a joint venture with Northwestern Mutual, adding to the partnership's total investment in the market, surpassing 810,000 square feet.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not provided
• Landlord: Northwestern Mutual
• Tenant: UPS
• Square Feet: 207,276
• Landlord's Representatives: Monica Wonus(CBRE), David Murphy(CBRE)

CBRE Orlando's Senior Vice President David Murphy and Vice President Monica Wonus played pivotal roles in handling the leasing for this property on behalf of the owner. Additionally, McCraney Property Co., led by Steven McCraney, sealed the deal with UPS, as the latter sought to expand its presence in Central Florida. The partnership's expansion at Infinity Park with Tavistock Development Co. in Orlando signals further growth in the distribution logistics sector.