Cushman & Wakefield Vice Chairs Mike Donaldson and Nick Meoli and Managing Director Greg Rainey represented the seller in its transaction.
The site, located in Christopher C. Ford Commerce Park, is zoned for industrial development and ideally suited for small-bay development.
Cushman & Wakefield’s Jared Bonshire, David Perez, Taylor Zambito and Ryan Hubbard represented Stonemont in the lease negotiations.
The four-building logistics asset totals 712,145 square feet.
Cushman & Wakefield’s Mike Davis, Rick Colon, Rick Brugge, and Dominic Montazemi represented EQT Real Estate in its sale of the fully occupied 546,820-square-foot building.
The shopping center totals 120,150 square feet and is 100% leased.
The acquistion marks the buyer’s first in Central Florida.
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.
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