The 246,460-square-foot facility in Apopka, FL fully leased to Kramer America trades hands
News release
14 May 2025
JLL arranges sale of recently constructed distribution center in Orlando MSA
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MIAMI, May 14, 2025 – JLL Capital Markets announced today the sale of Building 5 at Mid Florida Logistics Park, a 246,460-square-foot, Class A cross-dock distribution facility in Apopka, Florida.
JLL represented the seller, Dogwood Industrial Properties, in the sale. High Street Logistics Properties acquired the asset.
Completed in 2021, the state-of-the-art facility is fully leased to Kramer America, a manufacturer and distributor of custom automotive parts under the Smartliner brand.
Located at 3040 Shelby Industrial Drive, the property offers strategic access to major thoroughfares including State Route 429, U.S. Highway 441, Florida's Turnpike and Interstate 4. Its position within the Northwest Orlando submarket allows distribution to over 21 million consumers within a four-hour drive time.
The JLL Capital Markets team was led by Senior Managing Director Luis Castillo, Managing Director Cody Brais, Associate Taylor Osborne and Analyst David Orta Jr.
"The Orlando industrial sector continues to outperform, driven by robust population growth, infrastructure improvements and increasing demand for distribution facilities," said Castillo. "Building 5 at Mid Florida Logistics Park is well-positioned to capitalize on these positive market fundamentals."
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL’s newsroom.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Dogwood Industrial Partners
Dogwood is a TPG Real Estate platform that acquires, owns, and operates high-quality, infill, multi-tenant industrial assets in strategic, growth-oriented metropolitan markets across the United States. For more information, please visit: dogwoodindustrial.com.
About High Street Logistics Properties, LLC
High Street Logistics Properties, LLC is a recognized private equity real estate investment management company focused exclusively on institutional quality industrial assets in major markets across the United States. With extensive expertise across all facets of real estate acquisition, finance, development, operations, disposition, portfolio and asset management, it is an experienced, institutional and hands-on operator committed to providing both outstanding service to its tenants and superior risk-adjusted returns to its investors. For further information on the High Street platform, visit: https://highstreetlp.com/