Tuesday, April 21, 2009

Small Bay Partners to Start Construction of First Phase of Industrial Facility in Southeast Orlando

Small Bay Partners to Start Construction of First Phase of Industrial Facility in Southeast Orlando

ORLANDO, Fla. – Small Bay Partners, LLC, which ranks as one of the region’s most active developers of industrial facilities for small bay users, plans to start construction on the first phase of a new CommerCenter project at 7629 Narcoossee Road (just North of the Beachline Expressway) in southeast Orlando before the end of the year.

Howard Schieferdecker, one of the principals in the firm, said Small Bay is taking a fresh approach with its new project.

Along with industrial space, the firm plans to develop 14,000 square feet of retail space and 106,000 square feet of industrial condominiums in the 120,000 square foot CommerCenter facility.

The first phase will include 57,000 square feet, Schieferdecker said, including all of the planned retail space.

Small Bay Partners has developed more than 500,000 square feet of industrial space in four Central Florida locations in Sanford, Winter Garden, South and East Orlando.

Small Bay reports it has sold some 33,150 square feet of space – 45 percent of the condo space available – in the fourth phase at Monroe CommerCenter in Sanford.

Schieferdecker said 40,500 square feet of space remains for sale at Monroe CommerCenter IV with the total project being 73,650 square feet of small bay industrial space.

For more information contact:
Howard Schieferdecker, Principal Small Bay Partners, LLC 407-702-3131, haschief@aol.com;
Geof Longstaff, Principal Small Bay Partners, LLC - 407-786-5040; glongstaff@mercantilecc.com;
George Livingston, Principal, Small Bay Partners LLC - 407-857-9989 glivingston@realvest.com;
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

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