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To-be-developed Class A, ±181,170 SF multi-tenant warehouse buildings in Milton, FL, northeast of Pensacola. The two rear-load buildings will be part of Santa Rosa County’s 88-acre Northwest Florida Industrial Park @ I-10. Situated on Highway 87 and less than one mile from Interstate 10, the park provides efficient access to Pensacola and Northwest Florida’s rapidly growing economy. The buildings’ flexible design will attract area manufacturing, distribution, and industrial services companies seeking modern space. At approximately 53,600 square feet, Building 100 will be a Class A rear-load, multi-tenant warehouse with 32’ clear heights and a 130’ truck court. At approximately 127,570 square feet, Building 200 will be a Class A rear-load, multi-tenant warehouse with 32’ clear heights with space available for trailer parking. Summit anticipates starting construction Q1 2025 and delivering the two buildings Q4 2025.

Location

I-10 Coastal Commerce Center

Pensacola, FL

Industrial | Unrealized

Asset Summary

Acquisition Date:
Q3 2024
Size:
181,170 SQ FT
Property Type:
Industrial
Deal Profile:
Fund IV, Development
Investment Profile:
Opportunistic
Deal Source:
Off Market