Huge 469-Acre Industrial Park In Lake Wales Now On the Market For $60 Million
The property is currently vacant but comes with approvals allowing for up to 4 million square feet of industrial development.
The property is currently vacant but comes with approvals allowing for up to 4 million square feet of industrial development.
Leasing and sales are being exclusively handled by David Murphy and Monica Wonus with CBRE’s Orlando office.
Jake Cordes joins the company as Industrial Brokerage Coordinator and Bianca Almeida joins as Assistant Property Manager.
The acquistion marks the buyer’s first in Central Florida.
The 713,585-square-foot distribution center is fully leased to CVS Health Corp.
Partyka represented the Landlord in the lease deals.
The full development spans about 2,860,000 square feet on a 290-acre tract, making it one of the more significant industrial offerings in the region.
The project includes two warehouses, with the larger building expected to accommodate significant logistics operations.
JLL’s Cam Montgomery and Matt Sullivan are leading leasing efforts for the property on behalf of Stonemont.
JLL Capital Markets arranged the sale of a newly renovated 34,938-square-foot industrial facility located at 4000 Shader Rd.
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