CA Industrial JV begins construction on 876,000sf facility in Florida

CA Industrial announced the groundbreaking of its 876,750-square-foot industrial and logistics facility in Groveland, Fla.

The project is part of a joint venture partnership between Stonemont Financial Group and Whitley Capital. It is anticipated to be completed in December 2023.

“We are excited to formalize CA Industrial’s expansion to Florida, and more specifically, the broader Orlando industrial market, which continues to experience robust leasing activity and subsequent demand for new industrial development,” said Steve Rowley, executive vice president and Southeast market officer for CA Industrial.

The modern industrial facility is just 30 minutes from Orlando and provides excellent highway access with the Florida Turnpike, Highway 19 and Highway 27 within two miles of the site. Building features include 40-foot clear heights, a 185-foot truck court and ample auto parking spaces. HGR Construction Inc. serves as general contractor for the project and