Cushman & Wakefield Represents Seller In $57M Sale Of Fully Leased Distribution Center In Orlando
The 713,585-square-foot distribution center is fully leased to CVS Health Corp.
The 713,585-square-foot distribution center is fully leased to CVS Health Corp.
In her new role, Calandrino will provide brokerage, investment and advisory services to clients with a focus on retail, office and mixed-use properties.
Once fully developed, Lakeland Central Park will offer up to five million square feet of industrial space, positioning it as a major logistics and distribution hub in Central Florida.
David Murphy and Monica Wonus with CBRE represented the owner in the transaction. Danielle Beyer and David Perez with Cushman & Wakefield represented the tenant.
The transaction marks the Orlando market’s second-largest industrial transaction since the beginning of 2024.
Mike Davis, Rick Colon, Rick Brugge and Dominic Montazemi of C&W represented the seller in the sale transaction in collaboration with the Space Coast-based leasing team of Mike Moss and Michael Moss II at Lightle Beckner Robison, Inc., who has been retained by new ownership to continue leasing the property.
The three-building light industrial commerce park totals 148,882 square feet.
Rick Colon, Rick Brugge, and Mike Davis of Cushman & Wakefield represented the seller in the transaction.
Cushman & Wakefield’s Rick Colon, Rick Brugge, Mike Davis, and Mark Stratman represented the seller. The property was acquired by Realife Real Estate Group.
The 280,000-square-foot facility was fully leased at the time of sale.
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