{"id":1004188792,"date":"2017-08-29T07:24:31","date_gmt":"2017-08-29T15:24:31","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004188792"},"modified":"2022-12-09T00:19:57","modified_gmt":"2022-12-09T08:19:57","slug":"knott-realty-acquires-27-acre-site-for-fl-industrial-development","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/knott-realty-acquires-27-acre-site-for-fl-industrial-development\/","title":{"rendered":"Knott Realty Acquires 27-Acre Site for FL Industrial Development"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004188813\" style=\"width: 395px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Meridian-Center.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004188813\" data-attachment-id=\"1004188813\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/knott-realty-acquires-27-acre-site-for-fl-industrial-development\/meridian-center\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Meridian-Center.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;IvyLee Rosario&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1503916416&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Meridian Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Meridian Center&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Meridian-Center.jpg?w=800\" class=\"wp-image-1004188813 \" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Meridian-Center.jpg\" alt=\"Meridian Center\" width=\"385\" height=\"299\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Meridian-Center.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Meridian-Center.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Meridian-Center.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 385px) 100vw, 385px\" \/><\/a><p id=\"caption-attachment-1004188813\" class=\"wp-caption-text\">Meridian Center<\/p><\/div>\n<p>Knott Realty Group acquired 27 acres of land adjacent to Southwest Florida International Airport in Fort Myers, Fla., from Meridian Airport Park, to develop a new industrial project on the site.\u00a0<\/p>\n<p>The 350,000-square-foot property, dubbed Meridian Center, will comprise two speculative buildings available for distribution, manufacturing or warehouse use. Construction on the first building is set to begin immediately.\u00a0<\/p>\n<h2>Meridian Center<\/h2>\n<p>Located at 10400 Meridian Center Parkway, Knott will begin with a 200,000-square-foot Class A asset that will include 32-foot ceiling heights, 350 parking spaces and several drive-in and loading dock doors, with a truck court depth of 130 feet. The first building will be constructed with reinforced concrete and is set for completion by the summer of 2018. Within a year of\u00a0completion of the first property, the company will begin constructing the 150,000-square-foot second building.\u00a0<\/p>\n<p>The site features easy access to Ben Hill Griffin Parkway, Interstate 75 and Southwest Florida International Airport, while also servicing the areas of Fort Myers, Cape Coral, Sanibel, Greater Naples, Marco Island, Charlotte Harbor and the Gulf Islands.\u00a0<\/p>\n<p><em>&#8220;This site satisfies every important criteria in our acquisition profile, led by our evaluation that the land represents an attractive opportunity to build value and satisfy the real estate needs of local end-users,&#8221;<\/em>\u00a0Taylor Fields, vice president of leasing for Knott Realty Group, told <em>Commercial Property Executive<\/em>.<em> &#8220;With its prime location adjacent to an international airport, it is uniquely situated to support two large-scale industrial buildings, which we plan to start developing immediately. This section of <a href=\"https:\/\/www.commercialsearch.com\/news\/tampa-stays-hot\/\">southwest Florida<\/a> is experiencing impressive economic growth, driven by healthy residential and retail sectors, combined with low vacancy levels. Our research depicts numerous industries in need of immediate blocks of industrial space, including companies involved with e-commerce and manufacturing.&#8221;<\/em><\/p>\n<p><em>Image courtesy of Knott Realty Group\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 350,000-square-foot project, dubbed Meridian Center, will comprise two speculative buildings available for distribution, manufacturing or warehouse use. Construction on the first building is set to begin immediately. <\/p>\n","protected":false},"author":746,"featured_media":1004188813,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21748,21742,1612],"tags":[37399],"class_list":["post-1004188792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-latest","category-tampa","tag-knott-realty-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Knott Realty Acquires 27-Acre Site for FL Industrial Development - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/knott-realty-acquires-27-acre-site-for-fl-industrial-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Knott Realty Acquires 27-Acre Site for FL Industrial Development\" \/>\n<meta property=\"og:description\" content=\"The 350,000-square-foot project, dubbed Meridian Center, will comprise two speculative buildings available for distribution, manufacturing or warehouse use. Construction on the first building is set to begin immediately.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/knott-realty-acquires-27-acre-site-for-fl-industrial-development\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-29T15:24:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T08:19:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Meridian-Center.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"IvyLee Rosario\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/knott-realty-acquires-27-acre-site-for-fl-industrial-development\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/knott-realty-acquires-27-acre-site-for-fl-industrial-development\\\/\"},\"author\":{\"name\":\"IvyLee Rosario\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/f2094ece0e063845f848c7f1c7b84780\"},\"headline\":\"Knott Realty Acquires 27-Acre Site for FL Industrial Development\",\"datePublished\":\"2017-08-29T15:24:31+00:00\",\"dateModified\":\"2022-12-09T08:19:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/knott-realty-acquires-27-acre-site-for-fl-industrial-development\\\/\"},\"wordCount\":311,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/knott-realty-acquires-27-acre-site-for-fl-industrial-development\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/08\\\/Meridian-Center.jpg\",\"keywords\":[\"Knott Realty Group\"],\"articleSection\":[\"Development\",\"Industrial\",\"News\",\"Tampa\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/knott-realty-acquires-27-acre-site-for-fl-industrial-development\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/knott-realty-acquires-27-acre-site-for-fl-industrial-development\\\/\",\"name\":\"Knott Realty Acquires 27-Acre Site for FL Industrial Development - 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