ORLANDO—McCraney Property Company is continuing its industrial leasing roll. The latest to ink a new long-term build-to-suit lease at Bent Oak Phase II is Freeman Expositions.

Freeman signed a massive 451,823-square-foot lease at the McCraney property, taking down a significant chunk of the space available. Bent Oak Phase II is a 1 million-square-foot development project planned to complement the existing 703,920 square feet of Bent Oak Phase I at 1701 and 1802 Boice Pond Road in Orlando.

How big a deal is this? The transaction represents the largest build-to-suit industrial lease signed in the market in over seven years, bringing the industrial park to 48% leased prior to the construction of Bent Oak II.