Samsung Signs Lease for Large Distribution HQ

Global consumer electronics giant Samsung is relocating its existing Jacksonville operations to take advantage of the logistical benefits of being located in the middle of the state of Florida in the Orlando region’s Lake County.

Samsung recently signed a lease to take over one of the largest industrial buildings in Orlando for its new southeast distribution headquarters. With 706,000 square feet of available and ready warehouse space, the property is located near the intersection of Florida’s Turnpike and U.S. Highway 27.

Orlando’s industrial real estate market is becoming more attractive to companies looking for strategic locations that bring them closer to their end customers. Lake County offers a multitude of commerce and industrial parks with prime access to key infrastructure like Interstate 4, Interstate 75 and Florida’s Turnpike. Add in the low costs for property and the benefits of locating in Lake County become obvious.

The Samsung building was previously occupied by Circuit City.

Thank you:  Orlando EDC