An industrial property within the McCoy Field Logistics Center in Orlando was sold earlier this month to Boston-based investment firm Cabot Properties for $131 million.
Located on Taft Vineland Road, between S. Orange Avenue and the Florida Turnpike, the subject parcel contains three industrial buildings totaling over 830,000 square feet.
New York-based commercial real estate firm Brookfield Properties — which acquired an ownership position with Kolter Land in 2024 to form Brookfield Kolter Land Partners — was the seller in the deal.
Currently, the three buildings house global logistics company DHL, construction supply company NEFCO and electric golf cart manufacturer Evolution Electric Vehicles.
Brooks Neblett, Vice President of Investments for Cabot, said the firm has “modern facilities with a diversified tenant base” and is poised to capture demand from potential business looking to “maintain a presence in one of the fastest growing metro areas in the U.S.”
“The McCoy Logistics Center provided a compelling opportunity to acquire three best-in-class distribution properties and expand Cabot’s footprint in one of the leading high-growth industrial markets in the Southeastern U.S.,” he said.
The NEFCO building within the McCoy Field Logistics Center in Orlando is one of three buildings sold to Boston-based Cabot Properties. (Orange County Property Appraiser)
According to a research report from Chicago-based real estate services company Jones Lang Lasalle Incorporated, or JLL, Orlando concluded the third quarter of 2025 with 7 million square feet of year-to-date leasing activity.
The quarter featured several notable transactions, according to JLL, including Keystone Automotive leasing a new 237,000-square-foot facility at NorthStar Logistics Center in Apopka and a recently sold 100,646-square-foot cold storage facility on Main Street in Leesburg.
Of the companies that moved into their new digs in Q3, Ryder Truck Rental was the largest, taking over a 1.2 million-square-foot space in Apopka. The most significant departures included Central Moving & Storage and State of Florida Emergency Management, which vacated two facilities on Directors Row in Orlando totaling more than 368,000 square feet.
JLL indicated that more than 2.5 million square feet remains under development in the area, concentrated primarily in the southeast portion of Orange County.
“Looking ahead, upward pressure on rental rates is expected while construction and vacancy remain stable,” JLL wrote in its report.
With a diverse labor force, robust development and sustained tenant demand, according to JLL, Cabot is looking to take advantage of industrial growth in Orlando.
“Orlando’s unique combination of strong economic and demographic fundamentals, transportation and geographic connectivity, and favorable supply-demand dynamics aligns with our strategy of investing in key consumption markets,” Neblett said.
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