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Florida & Gulf Coast  + Industrial  |  July 13, 2020
David Cohen
By: David Cohen

Crescent to Develop 299K-SF Industrial Facility in Lakeland

Real estate investor, developer and operator Crescent Communities, in partnership with Native Development Group, has closed on land and commenced construction on the Lakeland North Business Center, a 299,241-square-foot speculative industrial facility in Lakeland.

The project is situated on 28 acres at 900 and 902 N. Chestnut Road and will consist of two commercial buildings totaling 299,241 square feet featuring 32-foot clear heights and dock high loading as well as 89 trailer parking spaces and 247 car spots. Delivery of the facility is expected in Q3 of 2021.

“Lakeland North Business Center will be a tremendous investment for Crescent Communities and the first of many future industrial projects in Central Florida,” said Brendan Pierce, senior managing director at Crescent Communities. “We recognize the I-4 corridor in Florida is one of the fastest growing regions in the United States, and we intend to be a part of this dynamic market.”

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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