Cushman & Wakefield’s Julia Silva Rettig, Jessica Mizrahi, Mike Davis, Jared Bonshire and David Perez Begin Leasing Efforts in Building 200 after Bringing Building 100 to Full Occupancy
LAKELAND, FL, June 23, 2017 — Cushman & Wakefield announced today that Building 200 at Lakeland Logistics Center is online and available for lease just months after it assisted ownership in bringing the newly developed warehouse and distribution campus’ first building to full occupancy.
The Cushman & Wakefield brokerage team of Director Julia Silva Rettig, Associate Jessica Mizrahi, Executive Managing Director Mike Davis, Associate Director Jared Bonshire and Senior Associate David Perez have begun leasing Building 200 on behalf a joint venture of Ridge Development and an institutional real estate partner.
Lakeland Logistics Center, Polk County’s most-recent speculative cross-dock project, comprises two 245,000-square-foot warehouse and distribution buildings. Building 100 was delivered in early 2015 and fully leased by the team this spring. Development of Building 200 began in mid-2016. The site, located at 2011 Memorial Boulevard, also features six additional acres of land which may be utilized as additional car parking or trailer storage.
Building 200 is a Class A built-to-suit facility capable of front-load or cross-dock configurations. The asset features a depth of 350 feet, 32-foot clear heights, 50-foot x 57-foot column spacing with 60-foot staging bay, 74 overhead doors, three-phase 480-volt power, T-5 lighting, an ESFR (Early Suppression, Fast Response) fire safety system and 45 trailer spaces. The building offers 17,500-square-foot bays and is divisible to 43,750 square feet.
Lakeland Logistics Center is situated approximately one mile from Exit 28 on Interstate 4. The distribution campus is ideally located 32 miles from Tampa and 48 miles from Orlando. There are 8.8 million people living within a 100-mile radius of the facility. This central location amidst a large concentration of potential consumers is ideal for a distribution center.
“Building 200 at Lakeland Logistics Center is a modern distribution center generating significant interest from users,” said Silva Rettig. “The building’s location, dimensions and functionality can accommodate a wide variety of uses. That flexibility is a key driver in a fast-moving market that values the ability to adapt quickly to change.”
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 45,000 employees in more than 70 countries help occupiers and investors optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. 2017 marks the 100-year anniversary of the Cushman & Wakefield brand. 100 years of taking our clients’ ideas and putting them into action. To learn more, visit www.cushwakecentennial.com, www.cushmanwakefield.com or follow @CushWake on Twitter.
Ridge Development is the industrial development arm of Transwestern Development Company, a diversified firm with expertise in all commercial property types. Ridge Development specializes in industrial development and investment in state-of-the-art warehouse, distribution and manufacturing facilities throughout the United States and Mexico. Based in Chicago, the company serves North American clients from six U.S. offices and one office in Monterrey, Mexico. The Transwestern Development and Ridge Development teams have developed, constructed and managed more than 138 million square feet of industrial and distribution space.