Academy Distribution Center Katy
US - Katy, TX
Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained as the exclusive sales representative for the sale of Perimeter Park West, Phase 1 ( the “Portfolio” or “Properties”), a 171,765 square foot portfolio of three newly constructed industrial buildings located in the high-growth Lake County submarket of Orlando, FL. The property’s location offers premier access to four major highways (FL Turnpike, I-4, SR 429, and SR 408) and a majority of the MSA’s primary demand drivers including Orlando International Airport, major theme parks, and Downtown Orlando. The buildings, which delivered in Q2 2022, feature highly functional specifications, including 30’ - 32’ clear heights, 117 – 130’ truck courts, and 7% office finish on average. These specifications meaningfully differentiate the Portfolio from the surrounding market where there is a dearth of oncoming supply and dated existing product with an average 1980’s vintage.