Glenstar Logistics Inks 3 Industrial Leases Totaling 193,000 SF at Tri-County 75 in Fort Myers, Fla.

Glenstar Logistics today announced it has signed three new tenants for space totaling 192,990 square feet at Tri-County 75, a 72-acre industrial park developed by Glenstar Logistics and Columnar Holdings in Fort Myers, Fla. Spanning 816,866 square feet across four buildings, the new industrial campus at 6115-6150 Tri-County Commerce Way completed construction in October 2023 and is now 64% leased.

The three leases include a Fortune 500 beverage company; Orlando, Fla.-based Mechanical One, a home repair and maintenance company offering electrical, gas, HVAC and plumbing services to new home builders; and NB Handy, a Virginia-based distributor of metals, HVAC, commercial roofing and machinery products.

“This tremendous level of lease activity reflects not only the increase in companies seeking to establish or solidify their presence in Southwest Florida but also the constrained supply of modern industrial space in this market,” said Brian Netzky, principal of Glenstar. “We continue to see strong interest in Tri-County 75 among fast-growing local and national firms that appreciate the development’s access to Interstate 75 and Southwest Florida International Airport. These companies are also attracted to the park’s large parcels of modern, new-construction warehouse and distribution space that can be customized to their needs.”

The Fortune 500 beverage company leased 56,705 square feet in Building 2 at Tri-County 75 for regional distribution purposes. This is the third Fortune 500 tenant at the industrial campus.

“Three Fortune 500 companies choosing to locate at Tri-County 75 is a great testimony to the park’s ideal configuration for e-commerce, logistics, distribution and light to heavy industrial production as well as its location for quick deliveries of products to the entire Southwest Florida region,” noted Netzky.

The 67,620-square-foot lease in Building 3 signed by Mechanical One represents an expansion to Fort Myers for the company which opened its doors in July 2021. As one of Florida’s largest privately held companies, the new space will be used to warehouse supplies for its new operations in Fort Myers.

NB Handy leased 68,665 in Building 2 of Tri-County 75 to support its expansion in Florida, where it also has a location in Davenport. In addition to warehousing steel, roofing and HVAC products for distribution, the space will also include a 1,500-square-foot showroom for clients.

Another 215,000 square feet of space is expected to execute shortly, to two undisclosed tenants.

Bob Johnston of The Naples – Fort Myers office of Lee & Associates brokered the three leases on behalf of ownership. Tri-County 75’s general contractor, The Conlan Company, will be building out spaces for all three tenants.

In the lease transactions, Ben Kuykendall at First Capital Property Group, Inc. was the tenant broker for Mechanical One; and Danny Holly and Shawn Stoneburner at Cushman & Wakefield represented NB Handy.

Additional tenants at Tri-County 75 include Coldest, a Florida-based manufacturer of water bottles and other related products, which leased 52,866 square feet of warehouse and office space in Building 4 in October 2023; a Fortune 500 company that is a provider of large third-party logistics (3PL), which signed a 22,784-square-foot industrial lease at Building 4 in October 2023: and Ferguson Enterprises, a national distributor of plumbing and HVAC supplies, which signed a 252,860-square-foot lease in November 2022, and relocated its regional distribution center to Building 3 of the campus last fall.

The 296,000 square feet of remaining space available includes the 76,210-square-foot Building 1; 90,930 square feet within Building 2; 83,720 square feet in Building 3; and 45,307 square feet in Building 4. The space within Buildings 1 and 2 is divisible. Building 2 and 3 offers abundant trailer parking and/or outdoor storage, while Building 3 also allows for a user to fully secure the outdoor space.

“We understood the critical need for outdoor space when developing the site,” explained Brian. “Tri-County 75 offers a rare opportunity for those seeking tenancy in the Ft. Myers market.”.

Located at the southeast corner of Interstate 75 and Luckett Road, Tri-County 75 boasts excellent highway visibility and traffic counts that exceed 95,000 cars per day. The park’s rear load and cross-dock facilities feature clear heights up to 36 feet, large truck courts, abundant trailer stalls and easy highway access. The new industrial park is a 12-minute drive from the Southwest Florida International Airport, 33 miles north of Naples and 73 miles south of Sarasota. The Tri-County area has 1.2 million residents and a workforce of more than 500,000.

Ware Malcomb is serving as project architect for Tri-County 75, while DeLisi Fitzgerald is the civil engineer. The Naples – Fort Myers office of Lee & Associates is overseeing leasing.

About Glenstar Logistics: 

Glenstar Logistics, the industrial arm of Glenstar, develops and invests in state-of-the-art warehouse, distribution and manufacturing facilities primarily in the southeast region of the United States. Headquartered in Chicago, Glenstar Logistics’ leverages decades-long relationships with local brokers, logisticians and users to provide a unique insight on key factors tenants evaluate when making site selections. With 400+ acres currently under control, the team combines decades of real estate experience and proprietary third-party data analytics to direct every aspect of the development process with the end user in mind.