Spec sensation

Brennan Investment Group isn't the only industrial developer capitalizing on renewed interest in the Interstate 4 corridor, between Tampa and Orlando, and Florida's swelling population.

Nor is it the only company willing to forego tenants before proceeding with construction of a multimillion dollar project.

Duke Realty Co., Prologis, Liberty Property Trust and McCraney Property Co., among others, are marching ahead with construction of new product — even on a speculative basis, like Brennan — to meet a tightening inventory and a growing demand for distribution space.