Cabot Properties has acquired two modern logistics portfolios in Florida – the McCoy Logistics Center in Orlando, and a three-building, class A logistics portfolio in Palm Beach County – totaling more than 1.3 million square feet. The acquisitions advance the firm’s strategy to invest in high-quality logistics assets concentrated in dynamic, supply-constrained markets across the United States, Europe and Asia Pacific.
The three-building McCoy Logistics Center consists of two rear-load properties and one cross-dock facility totaling 837,115 square feet, which were all fully occupied at the time of purchase. The buildings were built in 2022 and 2023 and feature dock-level loading, an average of 34-foot clear heights, 185-foot truck court depths, ESFR sprinkler systems, LED lighting and 555 auto parking spaces. The center in three miles from Orlando International Airport, and is near the Florida Turnpike and Interstate 4, which provides same-day trucking access to the key