Whirlpool Leases 500,000 SF Build-to-Suit Distribution Center in Orlando

CoStar Group - October 28, 2005

Appliance-maker Whirlpool outgrew its current warehouse on Investors Row in Orlando, FL and struck a deal with The Pizutti Cos. for a new, 500,000-square-foot regional distribution center about 20 miles away at Orange Avenue and Route 417 in Orlando. Construction began this month on the build-to-suit facility with a move-in date set for next June.

The new 500,000-square-foot, rail-served building on 34 acres is expandable to 750,000 square feet. Exxcel Project Management is the project contractor. Whirlpool is vacating a 228,950-square-foot, Class A warehouse facility on 13.20 acres owned by Liberty Property Trust at 2351 Investors Row. Pizzuti and Whirlpool have collaborated on a number of construction projects for the appliance maker, including more than 2.5 million square feet of build-to-suit projects in Carlisle, PA; Clyde, OH; Indianapolis, IN; Dallas, TX; and Tulsa, OK.

In August, Whirlpool agreed to buy rival Maytag for $21 a share or about $1.7 billion. The deal, which would create the world's largest appliance maker, is expected to close next year if approved by U.S. regulators. Sphere: Related Content