One of several Summit-led ground-up development projects currently under construction, Hamilton Logistics Center in Lakeland, FL recently held a groundbreaking ceremony to officially kick-off the $40 million project (upon complete buildout) and introduce the industrial park to the local and regional business community. Several news outlets covered the event, as well as the Central Florida Development Council who has been a strong supporter of the project since the beginning. The 33.4-acre industrial site was acquired on behalf of Summit’s Arrowrock US Industrial Fund IV in Q4 2023.
https://www.bizjournals.com/tampabay/.
Hamilton Logistics Center is a to-be-developed Class A, 317,896 SF multi-tenant warehouse portfolio comprising two buildings in Lakeland, FL. Located east of Tampa in Polk County, the property is in the County Line Road corridor which spans the border of Polk County (Lakeland MSA) and Hillsborough County (Tampa MSA). Just south of I-4, this industrial corridor represents the most established and centrally located in Lakeland. With their flexible, multi-tenant designs, both buildings will seek to attract area manufacturing, distribution, and industrial services companies. At approximately 135,000 SF, Building 100 will be a Class A rear-load, multi-tenant warehouse with 32’ clear heights and a 135’ truck court. At approximately 183,000 SF, Building 200 will be a Class A rear-load, multi-tenant warehouse with 32’ clear heights and a 185’ truck court with space available for trailer parking. Summit anticipates starting construction Q2 2024 and delivering the two buildings Q1 2025.