Cushman & Wakefield Director Larry Kahn Has Been Selected as Exclusive Listing Agent for the ±770-Acre Industrial and Commercial Campus Being Developed by a Subsidiary of A. Duda & Sons
MOORE HAVEN, FL, September, 21 2016 – Cushman & Wakefield announced today it has been named exclusive listing agent for Americas Gateway Logistics Center (AGLC), a ±770-acre master-planned industrial campus developed by Americas Gateway, LLC, a subsidiary of Oviedo, FL-based A. Duda & Sons.
Cushman & Wakefield Director Larry Kahn along with Senior Director Christopher Thomson will market the rail-served logistics park located on the site of former sugar cane fields in Glades County at the corner of U.S. Highway 27 and Florida State Road 78. AGLC can accommodate industrial distribution and manufacturing space and features commercial frontage on U.S. 27 and direct rail access from South Central Florida Express (SCFE) to both CSX and Florida East Coast Railway (FEC)/Norfolk Southern (NS).
AGLC offers immediate access to existing inland truck routes (U.S. 27 and S.R. 78), freight rail (SCFE, CSX and FEC/NS), five major seaports (Port of Miami, Port Everglades, Port of Palm Beach, Port Manatee, Port Tampa) and air cargo facilities (Miami International Airport, Southwest Florida International Airport, Air Glades).
AGLC’s First Tenant: Love’s Travel Stops & Country Stores
The first tenant at AGLC will be Oklahoma City-based Love’s Travel Stops & Country Stores. Love’s has broken ground on an $11 million, 10,000-square-foot, 24/7 facility, which will include fuel and diesel pumps, an Arby’s restaurant, a convenience store, five private showers and 77 truck parking spaces.
The Love’s development project is expected to employ 150 area residents under the auspices of Harman Construction, Inc. The store will create 40 new jobs when it opens its doors to the public in early 2017.
“U.S. 27 is an excellent freight corridor for professional drivers traveling to and from Port Everglades and Port Miami to the rest of the state,” said Kealey Dorian, Love’s Communications Specialist. “With the great location close to the highway, we’re in a tremendous position to serve members of the Glades County community and the motoring public.”
Partnership Brings Project to Fruition
According to Tracy Whirls, Glades County Economic Development Council Executive Director, the first phase of AGLC is being developed as a public-private partnership between Glades County and Americas Gateway, LLC.
Duda donated 15 acres to Glades County to create the easements for the infrastructure; the Florida Department of Transportation funded more than $700,000 in improvements to U.S. 27; and Glades County secured nearly $1.5 million in state infrastructure grants to tie surrounding parcels together. Pending Glades County Board of Commissioners approval, site preparation is expected to begin shortly. In addition, Glades County has a newly completed training center adjoining AGLC.
“Once utilities and the entrance road serving the travel center are complete, enough land to accommodate approximately 1.5 million square feet of
commercial and industrial space at AGLC will be shovel-ready,” said Erin Archey, president of Americas Gateway, LLC. “Additionally, there are rail-served industrial lots in a range of sizes from 18 to more than 150 acres.”
“This has been a pioneering public-private partnership between local, state and private property owners ending a stalemate in economic development in Florida,” said Whirls. “Private property owners and developers are reluctant to invest millions of dollars in infrastructure on a greenfield site in advance of proven market demand, and companies won’t consider greenfield sites unless they are shovel ready.”
“The closer we get to being shovel ready, the more deal flow we’re beginning to see,” added Whirls. “Right now, we are actively pursuing four projects representing $141 million in capital investment and 245 jobs with an average annual wage of $40,000 to $70,000 a year.”
“We are excited about the opportunity to bring an outstanding rail-served industrial logistics park to market,” said Kahn. “Americas Gateway offers a unique set of investment drivers for industrial users. It provides the opportunity to acquire modestly priced land with excellent access to Palm Beach, Broward, Dade, Lee and Collier counties. Further, the Glades County training facility is on-site; the project already has water and sewer service; and users will have access to a strong, diverse local workforce.”
“Americas Gateway has the right ingredients at the right time and right place to serve all of South Florida,” added Kahn.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 43,000 employees in more than 60 countries help investors and occupiers optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake or @CushWakeOrlando on Twitter.
About Love’s Travel Stops & Country Stores
Love’s Travel Stops & Country Stores is headquartered in Oklahoma City, Oklahoma. Founded in 1964, Love’s has more than 380 locations in 40 states. Love’s provides professional truck drivers and motorists with 24-hour access to clean and safe places to purchase gasoline, diesel fuel, travel items, electronics, snacks and more, as well as a selection of restaurant offerings. On-site Love’s Truck Tire Care centers offer roadside assistance, tire care and light mechanical services for professional truck drivers. Showers, CAT scales and other services for professional truck drivers are also available. Love’s, which remains family owned and operated, employs more than 15,000 people and is currently ranked No. 14 on Forbes Magazine’s annual listing of America’s Largest Private Companies. To learn more, visit www.loves.com.
About A. Duda & Sons
Duda & Sons, Inc. is a Florida-based company with additional operations in California, Texas, Arizona, Georgia and Michigan. A diversified land company, DUDA is engaged in a variety of agricultural and real estate operations including fresh and fresh-cut vegetables, citrus, sod, sugar cane, cattle, community development, realty and home construction. Land assets include agricultural lands and a variety of commercial properties. The family owned and operated company, headquartered in Oviedo, Florida, is in its fourth generation of family leadership and celebrates its 90th anniversary this year. To learn more, visitwww.duda.com
For Further Information Contact:
Cushman & Wakefield
+1 407 541 4388
David A. Meyer
+ 1 407 489 7488