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Karis Kick-Starts Three-Building Industrial Development on $18M Site in Daytona Beach
Karis has completed its $18-million acquisition of a 67-acre industrial land site in Daytona Beach, FL that will be developed into three Class A buildings totaling 777,200 square feet.
Jared Bonshire, David Perez, Taylor Zambito, and Matthew Trone of Cushman & Wakefield represented the buyer. The industrial land site was sold by John Schnebly and Craig Wells who are successor co-trustees of the Berrien H Becks Sr Revocable Trust.
The new three-building development will sit on 1094 S Williamson Boulevard at the intersection of Interstate 4 and the Interstate 95 corridor. The project will cater to bulk users in the Central FL market with cross-dock configurations, up to 100 dock doors and 40-foot clear heights, large truck courts, and plenty of off dock trailer parking.
The development project is expected to be complete in late 2023.
The Cushman & Wakefield team has also been retained to oversee leasing efforts for the three-building development project on behalf of the buyer.
- ◦Sale/Acquisition
