Fort Myers, FL (May 4, 2022) — Today, Butters Group and BentallGreenOak announced a partnership to develop “Gulf Landing Logistics Center” a 2,200,000 square foot, Class A business park located in Fort Myers, FL. This new development will reside on 284 acres of land acquired through the partnership, representing one of the largest commercial and logistics developments in Southwest Florida to date.
The partnership anticipates developing the property in several phases, with the first phase including seven new buildings with a combined 740,000 sq. ft and occupancy expected in the third quarter of 2023. Construction will commence during the Fall of 2022.
“This will be one of the finest business parks in the Naples/Fort Myers region. We are excited to be building in one of the most dynamic regions of Florida” said Malcolm Butters, CEO of Butters Group.
“With the tremendous growth in Southwest Florida, we recognized an opportunity to produce a first-class logistics facility with the flexibility to meet the needs of many different types of users” said Kyle Jones, Director of Investments at Butters.
“BentallGreenOak is excited to draw on the strength of our partnership with Butters to build a truly best in class business park that will serve the vastly growing needs of the region. Gulf Landing Logistics Center delivers new industrial space to serve a thriving economy and offers tenants the opportunity to grow and strengthen their business in our Park for the long term,” said Kevin Rivest, Managing Director for BentallGreenOak.
The current plan for Gulf Landing Logistics Center includes 14 buildings in a range of different sizes and configurations. A portion of the site plan offers flex space for light industrial and office users while the remainder of the site is geared to bulk distribution, e-commerce, and other light industrial users. Built-to-Suit opportunities are available, and the site plan will likely evolve to address specific tenant requirements.
The prime property includes almost a mile of I-75 frontage on the western boundary, extending east to Ben Hill Griffin Pkwy, north nearly to Terminal Access Road, and south to commercial properties on the north side of Alico Road.
BentallGreenOak is a leading, global real estate investment management advisor and a globally-recognized provider of real estate services. BentallGreenOak serves the interests of more than 750 institutional clients with expertise in the asset management of office, industrial, multi-residential, retail and hospitality property across the globe. BentallGreenOak has offices in 27 cities across thirteen countries with deep, local knowledge, experience, and extensive networks in the regions where we invest in and manage real estate assets on behalf of our clients in primary, secondary and co-investment markets. BentallGreenOak is a part of SLC Management, which is the institutional alternatives and traditional asset management business of Sun Life.
For more information, please visit www.bentallgreenoak.com
Butters is a vertically integrated real estate service companies engaged in construction, development, leasing and property management. The company has developed over 22 Million square feet and totaling over $2.0 Billion. Assets owned include industrial, office, retail and hotels, located throughout Florida. Butters is a six-time (6x) winner of the NAIOP South Florida Chapter ‘Developer of the Year’ award and a top General Contractor in the region. www.butters.com.