New industrial planned for Lee


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  • | 10:00 a.m. May 27, 2016
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As the Lee County industrial vacancy rate shrank to 6.5% in the first quarter of this year, brokers and users alike have lamented that new product hasn't come online.

Randy Krise aims to change that.

Krise's Kismet Industrial Park LLC intends to develop as much as 270,000 square feet of new flex and warehouse space on a 25-acre tract in Cape Coral, beginning early next year.

 

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