ORLANDO—McCraney Property Company is partnering with Northwestern Mutual to develop 603,000 square feet of industrial building space in West Orlando. The companies are building at Park27, which is located at the northwest quadrant of Interstate 4 and US Highway 27.

McCraney plans to develop two industrial buildings on its 33-acre site. The first industrial building will span 189,000 square feet. The second will be 414,000 square feet, and be the only multi-tenant spec industrial space available in the immediate area that can accommodate a 300,000-plus square foot user with trailer storage.

"The Central Florida industrial market is not unlike its counterpart in South Florida, as it is not only a crucial hub for the Americas but for global commerce,” Steven McCraney, president and CEO of McCraney, tells GlobeSt.com. “It is vital for enterprise to match the growing demand for efficiency and immediacy from clients and consumers through large scale operations or hub-and-spoke presence in key geographic locations.”