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To-be-developed Class A, 317,896 SF multi-tenant warehouse portfolio comprising two buildings in Lakeland, FL. Located east of Tampa, FL 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 Q4 2024.

Location

Hamilton Logistics Center

Lakeland, FL

Industrial | Unrealized

Asset Summary

Acquisition Date:
Q4 2023
Size:
317,896 SQ FT
Property Type:
Industrial
Deal Profile:
Fund IV, Development
Investment Profile:
Opportunistic
Deal Source:
Off Market