Commercial Real Estate, Capital, Insurance, Leasing & Management

Lucky’s Market’s local distribution center is up for grabs. Here’s who may want it.

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Franklin Street's Larry Kahn, senior director of industrial services, discusses potential users for supermarket chain Lucky's Market soon-to-close Orlando location.

Excerpted from Orlando Business Journal story.

Shrinking supermarket chain Lucky’s Market will give back a sizable amount of industrial space in Orlando as it gets ready to exit most of Florida.

The Niwot, Colorado-based grocer confirmed Jan. 22 in a tweet it would close nearly all of its Sunshine State locations — excluding one in West Melbourne — along with other U.S. stores. In addition, the grocer will exit a 120,000-square-foot distribution center space at 6375 Emperor Drive in Orlando.

The space is “attractive” for last-mile distribution companies, particularly those that need refrigeration and freezer space, said Larry Kahn, senior director of Tampa-based Franklin Street in Orlando, who is not involved with Lucky’s. That site also is well located near Interstate 4 and Florida’s Turnpike.

“There are users out in the marketplace right now looking for that size with that type of configuration,” Kahn said.

For full story, visit https://www.bizjournals.com/orlando/news/2020/01/22/luckys-markets-local-distribution-center-isup-for.html

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