LAKELAND, FL (Dec. 29, 2015) – As the I-4 corridor continues to be a prime
focus for industrial development, a 112-acre land parcel located at I-4 exit 38
near Florida Polytechnic University has sold.
The buyer plans to build Class A distribution
centers to accommodate companies that require 200,000 to over 1 million square
feet of space.
This is the largest speculative industrial project in Lakeland
in nearly a decade.
The seller, RG-Lakeland
LLC, an entity of New York-based The Rockefeller Group, was represented by Edward Miller, CCIM, SIOR; Dolores Seymour, CCIM, MCR, SIOR; and Deborah Mickler, CCIM, SIOR of Colliers
International Tampa Bay.
The buyer is Big
Acquisitions LLC, an entity of Brennan Investment Group, a private real estate
investment firm based in Rosemont, Ill.
Deborah Mickler |
Brennan Investment Group
acquires, develops and operates industrial properties nationwide, and
previously worked on the development of a nearby land parcel off I-4 that is
now successfully operating as First Park at Bridgewater. That park is fully
occupied at over 2 million square feet.
“This is a massive project
for Lakeland and a significant endorsement for the I-4 corridor,” said
Colliers’ Miller. “This development together with recent market activity
confirms Lakeland’s place as a growing distribution market of national
importance.”
The land is located at
3401 Old Polk City Road in Lakeland, near I-4 Exit 38.
For a complete copy of the company’s news release,
please contact:
Leah Saunders
Senior Account Executive
B2 Communications
p 727.895.5030 x104 | c
813.924.0367
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