ORLANDO—McCraney Property Company just broke ground on the only spec industrial new construction building in Davenport, FL. The location is significant because it sits at the crossroads of Tampa, FL and Orlando.

McCraney is developing the industrial building via a partnership with Northwestern Mutual. The 603,000 square feet of spec industrial space includes two buildings at Park27, an industrial park located at the northwest quadrant of Interstate 4 and US Highway 27 in Davenport.

"While traditional retail relies on sales people, online retail relies on speed of logistics," Steven McCraney, president and CEO of McCraney, tells Globest.com. "Modern supply chain solutions are a complex web of distribution facilities, anchored by a series of regional big box hubs and supported by a network of light industrial properties that serve a crucial mid-point in the delivery of goods to the end user—be it a retail location, manufacturing plant or the front door of an online customer. Warehouse is the new retail, and the key to the future is logistics."