Stonemont Delivers 259 KSF Campus in Orlando

October 7, 2025

Industrial Development News Orlando More Southeast

JLL is in charge of leasing the remaining available space across the seven-building ensemble.

Aerial shot of 429 Business Center, a recently completed industrial park near Orlando. — 429 Business Center in Ocoee comprises seven Class A facilities. *Image courtesy of Stonemont Financial Group*

Stonemont Financial Group has delivered 429 Business Center, a seven-building, Class A industrial campus totaling 259,255 square feet in Ocoee, Fla., within metro Orlando, Fla.

Construction on the project commenced in 2024, with HGR Construction Inc. acting as the general contractor. At the time of delivery, the campus was 49 percent preleased.

Buildings within 429 Business Center feature clear heights between 20 feet to 32 feet, ESFR sprinkler systems, rear and front load options, office suites in each facility, ample truck courts and a total of 337 vehicle parking spots.

Buildings 200 and 600 are both fully preleased, while Building 500 is currently 34 percent preleased. JLL’s Vice President Cam Montgomery and Executive Managing Director Matt Sullivan are the leasing brokers.

Industrial development in Orlando

The property is at 409 Ocoee Apopka Road, on a nearly 32-acre lot. It provides quick access to U.S. State Route 429, Interstate 4 and Silver Star Road, allowing for easy connectivity throughout the metro. Orlando’s downtown area is 15 miles away, while its international airport is 25 miles southeast of the campus.

Currently, Orlando’s under-construction pipeline currently consists of 17 upcoming properties encompassing 3.5 million square feet, Yardi Research Data shows. The projects range from 18,000 square feet to 1 million square feet in size, while another 3.6 million square feet across 30 projects are in the planning stages.

Stonemont strengthens Florida presence

Stonemont currently owns more than 4.4 million square feet of industrial projects—completed or under construction—in Florida. The company is wrapping up work on a 100,698-square-foot facility in Tampa, dubbed TIA Executive Center.

In March, the company sold a 348,740-square-foot facility in the Tampa, Fla., a submarket of Lakeland. Part of a four-building campus, the facility swapped for $50 million.

Roughly two months later, Stonemont sold a 500,000-square-foot industrial campus in Fort Myers, Fla., for $87 million. EQT Exeter picked up the asset known as Legacy at Oriole.