The Pine Castle plans call for an industrial warehouse site with two buildings containing a total of 205,371 square feet of space for tenants, located on 21.69 acres of vacant land on Glenrose Road.<\/p>\n
Construction plans show a 113,368-square-foot warehouse and a 92,003-square-foot warehouse, as well as two stormwater ponds. The warehouses are to have a total of 60 truck docking spaces as well as two parking lots with a total of 297 parking spaces.<\/p>\n
![\"Dalfen](\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/03\/TGS-L-dalfen-pine-castle.jpg\")
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Thomas & Hutton<\/p>\n
Dalfen Industrial is planning a new industrial park with 205,371 square feet just south of Pinecastle Boulevard. (Site plan by Thomas & Hutton)<\/p>\n
The property is surrounded by other industrial uses. The site is bordered by industrial development to the north, undeveloped land and the Brightline\/CSX railroad to the east, undeveloped land to the south, and a small lake to the west.<\/p>\n
Dalfen Industrial did not answer questions from GrowthSpotter about the property.\n<\/p>\n
Dalfen applied to Orange County on Feb. 18 for a building permit, and its application is currently under review.<\/p>\n
It also applied on Feb. 19 for an environmental permit<\/a> from the St. Johns River Water Management District. The applicant is listed as Pinecastle Logistics, a corporate entity associated with Dalfen Industrial. The company\u2019s consultants, all of which are based in Orlando or have offices in Orlando, are listed as Thomas & Hutton Engineering Co.<\/a>, Florida Engineering Group<\/a>, Bio-Tech Consulting<\/a>, and Professional Service Industries<\/a>.<\/p>\n A year ago, Dalfen sold three recently completed industrial properties<\/a> with a combined 415,900 square feet to\u00a0Starwood Capital <\/a>\u00a0for a total of $57.5 million. The deal involved a pair of properties on Hoffner Avenue north of the Orlando International Airport, as well as a distribution building located near MetroWest.<\/p>\n One of the properties is the 133,333-square-foot Hoffner Fulfillment Center, which Dalfen developed and opened in 2019. The facility, located on 10.4 acres at 6210 Hoffner Ave., consists of an 88,414-square-foot rear-loaded building and a 44,919-square-foot front-loaded building. The buildings have 32-foot clear heights and a combined 47 dock-high doors and 4 drive-in doors.<\/p>\n Starwood also purchased the Conway Logistics Center, which is located about a mile down the road at 4840 Hoffner Ave. Dalfen built the center<\/a>\u00a0in 2022 after paying nearly $1.9 million for the 9.0-acre site in 2020. The Conway Logistics Center includes a single front-loaded building with 204,900 square feet of space, 32-foot clear heights, 34 dock-high doors, and a pair of drive-in doors with ramps.<\/p>\n The developer opened the Midpoint Florida Logistics Center<\/a> just off I-4 on C. Fred Jones Boulevard in Auburndale in 2023. The center consists of a pair of cross-dock buildings with a total of 896,799 square feet.<\/p>\n Dalfen has branch offices in Atlanta, Chicago, Cincinnati, Denver, Montreal, Orlando, Philadelphia and the San Francisco Bay area. The company made headlines in February when it sold a New Jersey warehouse to ICE to use as a detention facility. Dalfen was a minority owner of the warehouse.<\/p>\n \u201cDalfen Industrial and its majority partner sold the property to the federal government in lieu of the potential of eminent domain,\u201d Dalfen told Dallas media<\/a>.\u00a0\u201cThe company has no involvement in the future use of the facility.\u201d<\/p>\n Orlando\u2019s industrial real estate market is currently quite robust. The Orlando metro area\u2019s overall industrial vacancy rate fell to 7.2% at the close of 2025, representing a 110-basis-point year-over-year decline and the lowest level recorded since the first quarter of 2024, according to a Cushman & Wakefield report<\/a>.<\/p>\n Last year, about 2.7 million square feet across 14 industrial projects were under construction in the Orlando metro area, with 15% of that square footage pre-leased, according to CBRE reporting<\/a> for the second quarter of 2025. Average rental rates were seeing gradual increases \u2013 up a modest 1.0% year-over-year to $8.95 per square foot.<\/p>\n Have a tip about Central Florida development? Contact me at\u00a0Newsroom@GrowthSpotter.com<\/a>\u00a0or (407) 420-6261. Follow GrowthSpotter on\u00a0Facebook<\/a>\u00a0and\u00a0LinkedIn<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"One of the nation\u2019s largest developers of industrial real estate plans to build two new warehouses northwest of…\n","protected":false},"author":2,"featured_media":195373,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[558,28,5701,114,1335,11477,139,141,140,480],"class_list":["post-195372","post","type-post","status-publish","format-standard","has-post-thumbnail","category-orlando","tag-business","tag-florida","tag-industrial-real-estate","tag-latest-headlines","tag-orange-county","tag-orange-county-developments","tag-orlando","tag-orlando-headlines","tag-orlando-news","tag-real-estate"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/195372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=195372"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/195372\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/195373"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=195372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=195372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=195372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}