ORLANDO—FedEx Ground just signed lease to occupy 60% off McCraney Property Co.'s John Young Business Park Building 3. The industrial building spans 142,638 square feet.

“We're encouraged about the demand for class A industrial in our Central Florida projects,” Steven McCraney, president and CEO of McCraney, tells GlobeSt.com. “FedEx has a great business platform, and we're excited that they chose John Young Business Park.”

The 25-acre John Young Business Park has three modern industrial buildings totaling 393,000 square feet. McCraney and international real estate investment manager Clarion Partners formed a joint venture to develop the project.

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